by Barry Kornfeld | Nov 5, 2021 | Barry Kornfeld, Debt Restructuring
Small business owners have to learn many skills throughout bringing their idea to life. One part of the process involves assessing the financial health of the business. This is a critical step, as it will tell entrepreneurs how well their business is doing – and...
by Barry Kornfeld | Sep 2, 2021 | Barry Kornfeld, Debt Restructuring
Businesses rely on working capital management to ensure that operations are running efficiently. In other words, companies rely on established cash flow methods to ensure that monthly goals are kept in line. Given the importance of capital management, it is essential...
by Barry Kornfeld | Aug 5, 2021 | Barry Kornfeld, Debt Restructuring
When staying on top of your business’s finances, it’s essential to have a good understanding of what working capital is. A simple definition of working capital is the difference between a company’s current assets and its current liabilities. Current assets include...
by Barry Kornfeld | Jun 11, 2021 | Barry Kornfeld, Debt Restructuring
Becoming a successful entrepreneur is not without its challenges and risks. One of the biggest risks you can face as an entrepreneur is financial difficulty. The saying “you have to spend money to make money” is never more true when it comes to entrepreneurship. It is...
by Barry Kornfeld | May 11, 2021 | Barry Kornfeld, Debt Restructuring
Unfortunately, not all businesses are money-makers right from the start. Sometimes, a company will struggle to pay its debts – it’s a simple fact of life. However, the importance here is knowing when to seek help. When the debt burden becomes too much, there are...
by Barry Kornfeld | Apr 14, 2021 | Barry Kornfeld, Debt Restructuring
Many individuals and businesses have had to face debt at some point in their history. It happens – a company takes out a loan, something goes wrong, and they can’t pay it back as quickly as they should have. There are many different ways to handle this...