Jul 15, 2016 | Chapter 12 Bankruptcy, Farm & Industrial, Financial Problems
“Can I sell my equipment and use the proceeds to stay in business?” is a fairly common question we receive from business owners. Similar questions come from farmers asking about the sale of livestock or feed. The answer requires an analysis of the...
Feb 26, 2016 | Blog, Business Debt, Chapter 11 Bankruptcy, Farm & Industrial, Financial Problems
The odds are, your small business won’t be around 5 years from now. About half of all the businesses that started this year will close their shutters within 5 years later. Why do all these businesses fail? Both studies and common knowledge suggest many reasons....