Advantages of Bankruptcy when Closing a Business
When closing a small business, there are advantages to using Bankruptcy as a means to winding up your small business. If you’re Going Out of Business and are looking for alternatives to Bankruptcy, or...
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How To Use Credit Wisely After Bankruptcy
I always tell my clients that your credit score only tells you one thing; how well you manage DEBT. So, why would you want to go back into debt again after bankruptcy? After all, don’t you just want...
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Judicial Estoppel: Why You Should Disclose All Assets, Claims and Debts
Have you heard of Judicial Estoppel? Well, you need to if someone owes you money and you’re thinking of suing while contemplating bankruptcy. The doctrine of Judicial Estoppel generally prevents a...
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Bankruptcy Basics For The Sole Proprietor
STOP! Before you even consider filing for bankruptcy as a small business owner, it’s important to understand how your business is structured, and whether you made any personal guarantees on any of the...
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How Do I Avoid a Personal Bankruptcy as a Business Owner?
Operating a business is very rewarding, but can also lead to financial disaster and the pitfalls are waiting just around the corner. I know you’re not thinking about bankruptcy when you first get...
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Top 5 Accounting Pitfalls Every Small Business Should Avoid
My friend Rachel Hester is a Quickbooks Ninja! She has helped straighten out my own books and I think she’s just great at what she does. Today, she spoke to our group about the pitfalls that small...
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