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Recovering from Financial Distress

Recovering from Financial Distress

Financial disaster is a risk that business owners face. Often through no fault of your own, a business can fail, and finances can be lost. Things far beyond your control, like financial crises in other countries, or global pandemics, can have a catastrophic effect on...
How to prepare for a Financial Crisis

How to prepare for a Financial Crisis

The inevitable economic downturn brought about by the Coronavirus crisis is going to put a lot of businesses in danger. But for those that recover, there are strategies you can implement to protect yourself from future damages. One of the things you can do if your...
Funding Sources – Pros and Cons

Funding Sources – Pros and Cons

Starting a new business always comes with a degree of risk, no matter what you use as funding. Fundamentally, businesses need some start-up capital to get off the ground. There are numerous potential sources for this funding, but each comes with its pros and cons....
Predatory Lending Tactics to watch out for.

Predatory Lending Tactics to watch out for.

Predatory lending tactics are something commonly associated with unscrupulous loan sharks, but are also present in more reputable industries. It involves either preying on those desperate for a loan, or others they can con into taking a loan they cannot pay back. If...