Guiding business back on track.
Struggling businesses in Florida may have a hard time covering recurring costs. Sometimes, organizational leadership determines that a bankruptcy filing is the best potential solution available. The decision to file for bankruptcy can prevent collection efforts that...
Many see bankruptcy as the end of the road, but it doesn't have to be. In fact, it can be the beginning of a new journey. Starting a business in Miami after filing bankruptcy is a chance to wipe the slate clean and start anew with lessons learned from past...
Restructuring can pull a business back from the edge of insolvency and help optimize the company's operations. Restructuring is often necessary after a period of rapid growth or when there have been shifts in the domestic market. Successful restructuring typically...
Every business owner encounters financial obstacles. If you run a company, you know that economic downturns, unexpected expenses or a shift in customer preferences can throw your cash flow out of whack. While bankruptcy might seem like the only option, there are steps...
Business executives and business owners are responsible for the management of a company. They may also have invested substantially in the organization, making its financial solvency a top consideration. The company needs to generate revenue to pay wages and must...
Businesses often face the challenge of maintaining a positive public image during periods of restructuring. This process can involve significant changes, including layoffs, leadership changes and shifts in company strategy. These can impact how customers, employees...
Franchisors have a lot to gain from a new franchise agreement. Each new contract executed with an entrepreneur means more exposure for the brand and more revenue for the company. Franchisees have a lot to gain as well. They have a turnkey business opportunity that...
Businesses sometimes begin struggling financially after years of success. Changes in the market can lead to abrupt and unanticipated financial challenges. Organizations can go from the black to the red in a matter of months when there are issues with customer demand,...
Business bankruptcy can involve intentionally restructuring a business. Executives and business owners often focus on immediate financial challenges when deciding to restructure and may fail to account for secondary challenges that could potentially arise during that...
Businesses with multiple locations, including restaurants and retail establishments, often face a lot of challenges during bankruptcy. They have many financial obligations that can lead to creditor challenges and complicate the process of obtaining a discharge....
