Guiding business back on track.
The Small Business Administration (SBA) is a federal agency that helps small businesses get loans. The SBA does not lend money itself. Instead, it guarantees part of the loan, so lenders feel comfortable approving the business. Many Florida businesses use SBA loans to...
When financial trouble hits, many mid-sized business owners worry about bankruptcy. But smart restructuring offers a strong way out. It helps avoid closing, brings new life to operations and builds a stronger future. Additionally, restructuring helps fix problems,...
Running a business as an owner or executive requires substantial investments. Business leaders often put in well over 40 hours per week. They may wear many hats at their organizations by handling a variety of different tasks to keep costs low. They may have insight...
Debt collectors must operate within the boundaries of strict rules about when they can contact individuals who are in debt. This includes business owners who have taken out loans and/or other lines of credit in order to finance their business operations and/or...
When a business in Florida hits a rough patch and falls behind on loan payments, the last thing it needs is a costly legal fight. Fortunately, there are ways to delay and avoid immediate legal action. One of the most useful tools in these situations is the forbearance...
In times of economic uncertainty, many business owners find themselves navigating shrinking revenues, rising costs and unpredictable consumer behavior. Whether due to inflation, supply chain disruptions, evolving policies at the state and/or federal level or shifting...
Business growth is often an indication of profitable company operations. In some cases, however, rapid growth can undermine a company's long-term financial stability. Once-profitable companies may end up struggling to meet basic operating expenses when they have...
Commercial landlords often sign leases with business tenants that last for multiple years. Provided that the business succeeds, the landlord may have a predictable stream of income. Unfortunately, many new businesses and small companies can fail with little warning....
Professionals who own successful companies or hold leadership positions at organizations are responsible for those companies. In addition to having a fiduciary duty to the organization and its shareholders, an executive or owner may have a sense of personal moral...
Businesses, much like people, may experience economic hardship. Previously successful companies may suddenly start struggling to cover recurring expenses after an uptick in operational costs or a downturn in revenue. Either scenario could have devastating consequences...
