Dig business out of debt. I have no more money to put into the business. Over the years the business has been good to me. It has supported lots of families — mine, as well as my employees. Right now,...
We're anxious about cash management. There is not enough money going into the savings account for the company overall. I need more money. The bank account is low. I have backed myself in the corner by not paying attention...
"Our credit line is up for renewal and our bank is dragging its feet. I’m concerned we may not get our line renewed and without it, we’re sunk. Any suggestions?" A plan to manage debt is a key component...
"I have recently used some of my business credit line. In the past I've heard you talk about the need for reserve funds. What do you suggest I do in terms of priorities - build up reserves vs. pay down...