Maxwell Dunn PLC

Even a Bad Budget Is Better Than No Budget

Running a business is rewarding and exciting – but the fast-paced lifestyle can lead to problems for many business owners. One particularly costly mistake is being so consumed by operating the business that you lose track of your financial position. This mistake has created unnecessary financial challenges for many businesses. As a local Southfield bankruptcy

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Four Business Bankruptcy Myths Exposed

No business owner hopes for bankruptcy. It’s not something that anyone looks forward to and often the aftermath involves a long struggle for a business to rebuild their credit. However, the reality is that life and business are unpredictable, and sometimes, things don’t go according to plan. Business owners often find themselves in very difficult

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Business Bankruptcy: Understanding Chapter 7 Bankruptcy

Contrary to what is commonly believed, bankruptcy isn’t a one-size-fits-all proposition. In fact, you’ve likely heard of different “chapters” of bankruptcy before on the news or in business publications. And while bankruptcy proceedings can be a method for shutting down operations, bankruptcy can also help protect a business from being forced to close simply because

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