Monthly Archives: June 2022
Will You Be Personally Responsible For Paying Business Debt?
Mounting debt whether it be personal or business is not ideal and can make life much more stressful. When you own a business you and you accrue debt it is incumbent that you pay it off. However, if your business is not bringing in enough money to pay your debt, you may be wondering… Read More »
Can You Get A Business Loan After Bankruptcy?
Being a successful business owner takes effort, creativity, motivation, and strategic planning and decision-making. And even if a business owner has all of the elements that should make for a solid business that can operate and be profitable, that does not always mean that their venture will work out. In 2021, there were well… Read More »
How Business Bankruptcy Impacts Credit
The chief objective of any business owner is to run a successful operation and increase their bottom line. But not every business endeavor is meant to be a success. Every month it is estimated that over 500,000 businesses will be formed but only 50% of them will make it to year five. Poor cash… Read More »
How Consignors Can Protect Their Goods From Consignee Bankruptcy
The laws relating to consignment can put a consignor at a disadvantage if they do not take the time to understand them. But, consignment is a commonly used arrangement that many businesses take advantage of to run their operations. The jewelry industry is one where consignment arrangements are utilized frequently. These arrangements will have… Read More »
