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2min chapter
Dr. Jay's Top 5 Daily Habits for Reducing Stress
Hanu HRV
Introduction
The hono health podcast aims to help you breathe better and stress less. On this show, we discuss a variety of topics and provide practical suggestions for improving health and well being. None of the education tips and tricks provided should be taken medical advice. We just like hearing about cool people doing rad and new things.
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Speaker 1
So
Speaker 2
wat about the six months after that first six month period, so that six to 12 month range. What other a few things that you tend to urge or push or encourage searchers to starty ing or start in plenty in their companies, now that they have a little bit of understanding of how the internal process works and how their team is set up. I
Speaker 1
wouldn't say we push or urge, but we certainly have those ongoing conversations. And that's six month mark, is the point they're telling us that i'm ready to did you you know what i talked about back here, but i'm going to do its just slightly different or i'm going to prioritize it maybe a little bit differently. So i think it's not that we would, we're not really directing or urging them. Usually. Wev e've got a pretty good understanding of where they see the opportunity. And obviously we've agreed with that, or we wouldn't have made the loan. I think the important thing is ta just stay in contact with your lender, because things may not go as well as you want, and you want to make sure we know what you are doing and why you are doing it. But also, you may that you need to adjust your line of credit for you need to borrow for some capeks. That's going to make sense. The nice thing about an espa loan, compared to a conventiona loan, is that you could shrink the ebada by making investments in order to grow it. Whereas if you have a conventional loan, you have covenants that are tested quarterly. And if you shrink the ebada too much, you're breaking the covenant. Now you have a promise, have handcuffs when you're in a conventional loan that you don't have in an espia lone, and an espialon with no covenants, you can spend as much as you wish. I have a client right now who is at zero ebida on purpose, because he's invested in a sales force that he's got a very good plan, and he's got the cash too, to continue to find that zero ebada kind of situation. And we're watching that with him. It's fine. He makes his monthly payment, he tells us what he's doing. He's not breaking a covenant and stol he has that freedom to make the investments. I think that's interesting, but you should tell your banker when you're doing that, because we don't want to get a quarterly financial statement and be surprised. Think, while this was a million dollars of ebada, now it's zero. You know, t what happened? We to know what's happening before we get that financial statement,
Speaker 2
right?
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