When we hear the term “refinancing” most of us think of home mortgages. However, refinancing is available to companies that want to improve their loans on commercial property as well. Refinancing is essentially replacing one loan with another. It may not sound ideal...
Managing your business’s cash flow is a crucial part of surviving a turnaround. The better cash flow the business has, the more maneuverable it is. Managers must include cash flow in each stage of the turnaround plan. Developing a turnaround plan early improves...