Exploring the Major Pitfalls (and Wins) in Business
The EntreLeadership Podcast
00:00
How to Pay Down Your Business Debt
The company has three debts that are technically business debt, but they're not because it's all personal. The largest is the mortgage on our building, and we live in this mixed use commercial building above our coffee shop. So, what we would like to do is to just put all of our efforts into paying down that $230,000 mortgageBecause of the balloon payment,. Then hit the other ones after that, while they'll actually be kind of disappearing simultaneously.
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