What Happens if You Default on a Business Loan?
Most small businesses will, at some point, take out a business loan to help finance their growth. Especially during times of economic uncertainty, you may have trouble keeping...
Small Business
What Does a Migration From New York Mean For Business?
What does a migration from New York mean for business, for investing in Colorado? In mid-August, Investor and Entrepreneur, James Altucher wrote an opinion blog with the striking...
What Is A Business Turnaround?
A business turnaround is the process of executing survival measures, identifying strategic improvements, executing corrections, and moving back into a growth trajectory. If your small business is facing...
Energize Colorado Grant and Loan Gap Fund
Energize Colorado announced a limited supply Gap fund, offering $20,000 grants and $15,000 loans to Colorado small businesses adversely affected by Covid-19. The loan fund will prioritize issuance...
How to Solve Cash Flow Problems in Business
Business cash flow is complex. If you have gotten your MBA, you know a business can be profitable but cash flow negative. A business can also be unprofitable...
How Do You Measure the Success of a CFO?
As the person in charge of your company’s financial health, the chief financial officer (CFO) is vitally important. But how can you measure their effectiveness? In this article,...
How to Grow Your Business During a Recession
While the rest of the economy is feeling a constriction, adopt an expansionary mindset instead. Other businesses are going to be looking to be on the defensive and...
When should I apply for PPP loan forgiveness?
The question is on many small business owners’ minds. Rules for the PPP have changed frequently since its inception, so planning has been a moving target. A smart...
Do You Have an Exit Strategy?
If the answer is “no,” you are rolling the dice on your largest paycheck! Building company value through marketing, organizational development, R&D, and business development are vitally important;...
Understanding Bank Workouts- What Does This Mean for Me?
My bank recently told me they were transferring my loan account to their “Special Assets” group. My friend told me that this means I am in “work out”,...