Enterprise

Learn more about the most important debt forgiveness workout. While most debt forgiveness experienced in workouts that we focus on is on the secured bank debt, the big loan, the bank being with high value and a well-secured creditor, as it is secured by your assets and your guaranty in most instances and thus is…

Training is one area in business that is frequently mishandled. Here’s how to cover all your bases. Training. It’s one area in business that is frequently mishandled. Many business owners mistakenly hire a new employee and immediately put them onto the production floor or office setting, expecting the existing co-workers to train the newbie. You…

You may know you need to fire an employee but keep finding excuses not to. Here’s how that can affect your business. Most of us are good people. We all have similar values, we all want to do the right thing, we all want to get along and see the good in others. We want…

Bringing in new ideas and propelling your business to new heights requires a vital management tool: delegation. As a business owner, you likely have a strong will and a forceful personality. Your sense of ownership about your business naturally leads you to take on many roles and do much of the initial work needed to…

Often misunderstood, misused and problematic down the line, here’s everything you need to know before signing a personal guaranty. The personal guaranty: it’s often misunderstood, misused, and frequently causes a problem down the line. When you apply for a commercial loan, you will be asked by the bank to sign a personal guaranty. It’s standard practice…

The entrepreneurial disease is real, pervading a healthy entity and making it slow and weak. Here’s how to avoid it. The phrase seems like an oxymoron. On the one hand, you have a positive word like entrepreneur, representing a forward-thinker, someone who paves their own way in life and doesn’t let obstacles get in the…

Testing is a critical component in ensuring you don’t waste capital and you don’t waste your time on mistakes. Look before you leap. Truer words have never been spoken, and they ring true in the business world too. The entrepreneurial spirit is one that is so committed to its vision, so committed to seeing something through to…

(For 7(a), 504, and Microloans—not EIDL loans). There’s an art and a science to negotiating a modification or deferment on your SBA debt. Think of it as a balancing act between you, your guarantors and the lender. You need to show that your business truly needs relief, while also proving that it’s strong enough to…

Sales must be aggressively pursued via as many avenues as possible. One sales program is not enough, but many sales efforts working together will produce the results you want. Nothing happens until something is sold, yet small businesses tend to focus on — at best, one sales program, maybe a few ads, some marketing, or…

Whether you write a blog, make donations to a school or set up a scholarship fund for college students, public relations helps you to stand out amongst your competitors. The key is to remember that Public Relations is all about your community. Public relations is not about promoting a company; it’s about promoting what’s behind that company…