Running a business can be a risky proposition. There is a nearly endless list of things that can go wrong, but it can be extremely difficult to know what to do when things start to get out of hand. Sometimes it is even more difficult to recognize that things are getting out of hand in
Read More ›As a business owner, it is incredibly important that you constantly assess and reassess the health of your company. Having a successful business is all about preparation and how you react to challenges, and if your company is showing signs of financial instability, then you probably need to make some major changes to right the
Read More ›Building and managing a business is no task for the faint-of-heart. Making sure your company is in compliance with all laws and regulations is a constant and permanent process, and most growing companies cannot afford the catastrophic effects of a lawsuit or other major legal issue. The best defense you can mount against slipping up,
Read More ›When it comes to business and corporate bankruptcy, there is not a simple, straight cut answer for all. In fact, if your business is in financial trouble, bankruptcy may not be the only option you will face. There are several alternatives available to creditors and debtors when a company is facing insolvency but bankruptcy is
Read More ›Bankruptcy is a scary prospect for most businesses. But the truth is, bankruptcy is just another tool you or your company can utilize on your road to success. Understanding the bankruptcy options available to you and what they would mean for your business is essential to removing the fear and recognizing the practicality. While the
Read More ›Deciding upon filing for bankruptcy for your business is a stressful and overwhelming experience for many. If you have been curious about Chapter 7 bankruptcy in Southfield and wonder if it is the right option for you, read on to learn more about how you can determine this. No one who starts a business ever
Read More ›Cash flow – the key to success for any business – must be maintained in order for your company to be successful and remain in business. It can be difficult to continually monitor cash flow, and if your business is cyclical or seasonal, you must take extra steps to keep your cash flow positive even
Read More ›Keeping your business afloat is a daily job, one that requires you to be on top of your company’s financials, as well as watching out for any signs that your business is heading for trouble. Spotting any potential problems as early as possible is your best chance of turning things around. Avoid corporate bankruptcy in
Read More ›As a local Southfield bankruptcy attorney, we are there helping client after client as they face bankruptcy and work towards rebuilding their business. We have seen a variety of businesses come to us for help and as such we understand the predictors to bankruptcy. One of these indicators is the state of your business’s finances.
Read More ›If your business is close to shutting down, it’s easy to be overwhelmed while considering your options. For many people, filing for Chapter 7 bankruptcy sounds like a bad choice because it will often force them to go out of business. Unfortunately, that is sometimes unavoidable. When this is the case, finding the fastest, easiest,
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