Accelerator Services

Take these tips into account when setting up your commission rates to achieve numbers that work for both your valued employees and your bottom line. Establishing commission rates for a particular employee or job title can be tricky territory to enter. Setting a commission rate should accomplish several things: Instead of following the path of…

This article outlines the pitfalls of the various types of debt consolidation and offers an alternative solution to your debt troubles. If you have unsupportable debt from one or more Merchant Cash Advances (MCAs) and are able to qualify for a traditional consolidation loan, it will yield lower interest rates, longer repayment periods (which makes…

This is a huge issue which we frequently confront on many different fronts. Let’s assume an SBA loan was not used to purchase the property. Also assume that it is also a subordinate loan attached to the property by some vehicle that secures the loan in the event there is a breach in payments such…

This article will help you determine how much you can settle for. This is the question clients ask us every day. Almost every borrower wants to pay their bills, but when financial disaster strikes, it is not always possible to fully repay your debts when you are forced to close your business and walk away….

Many clients ask us, “Can bank accounts be garnished in an SBA loan default?” Simply put, yes they can. So here is what you need to know if you are at risk of being garnished in an SBA loan default. When your business enters into default with your creditors and begins settlement or workout discussions,…

When faced with reduced revenues, increased overhead, and other market forces that put pressure on the cash flow of small businesses, many owners liquidate their personal assets and invest them into their business. They liquidate stock accounts, cash savings, sell other assets to raise cash, and even forego a paycheck. It is their passion and…

Partnerships break up for many reasons. Here’s how to make the transition safely and respectfully. Most frequently, partners in a small business are very close friends, family, or long term trusted sweat equity business relationships. Perhaps one of the most difficult challenges confronting this relationship is how to break it up when the time is…

Business survival requires that you understand your numbers and maintain an accurate business debt schedule. Running a business requires a business owner to wear many hats and display many skills. They must be involved in areas such as sales, marketing, managing their workforce, managing customer relationships, and leading their business to success through astute financial…

Hobbies are a source of enjoyment for most people – that’s why they pursue them. Whether it’s making fine furniture, sharing Aunt Sara’s famous apple pie or creating a blog with their writing skills, people are passionate about their hobby. Sometimes after the hobbyist crafts a table for a wedding gift or writes a friend’s…

1 Your merchant cash advance (MCA) ISN’T a loan. And your lender isn’t a bank. MCA loans are predatory. They are systematically designed to parasite off your business until it dies. So, while they may claim to offer the solution, we believe they are the real problem. These products are specifically designed to bleed small…