Archive for October, 2009
Thursday, October 22nd, 2009
There's an old joke about a bar owner who bragged, "I opened this place 15 years ago with $78 in my pocket and boy, have we made progress! Today, I'm $298,000 in debt!No doubt about it, debt can kill a small business, and seriously hurt your chances of reaching a ...
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Thursday, October 22nd, 2009
As the revenues roll in from your burgeoning small business, it's tempting to use some of that cash to pay down your debts. But should you do that instead of investing the money for the future?It's a fair question. In fact, Old King Solomon would have a difficult time deciding ...
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Thursday, October 22nd, 2009
When you’re running a small business and looking for a loan, a line of credit, or other type of financing, you have to deal with your own debt picture -- even your personal debt picture. That's why, as a first step, it’s a great idea to know where you stand ...
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