If We Don’t Get $1,800,000 Our Business Is Finished
The EntreLeadership Podcast
Navigating Debt and Bankruptcy Challenges
This chapter explores the struggles of a business owner burdened by substantial debt from an SBA loan and impending bankruptcy considerations. It emphasizes the critical role of legal guidance in managing creditor relations and navigating Chapter 11 complexities. The discussion also points to the need for operational restructuring to enhance profitability and avoid the risk of insolvency.
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