debt Archives

Millennials: Burdened by Debt Today

Increase Cash Flow, Reduct Debt
by in Banking | Featured

In a new Wells Fargo study on the attitudes and behaviors of millennials on money and saving,  more than half  (54%) say their top financial concern is debt. That’s right, primarily student loan debt. And 42% say their debt is “overwhelming” — twice the rate of boomers who were also surveyed. Other key findings: ·… Read More →

Time Value Of Money And Planning

value of money

Understanding the general concept of the time value of money can help consumers plan appropriately for future needs and today’s wants. This concept applies to how a consumer may save, invest and make decisions on lending needs. Many of us are familiar with the idea that the earlier one starts saving the more he or… Read More →

Cash is King, but Wrong Choices Can Bring Down a Contractor

by in Economy | Real Estate

You’ve heard the phrase a million times – “Cash is king.” But what are we trying to accomplish with cash? Does cash equal success? Profit? Stability? Does a lack of cash signal a problem? It all depends on your perspective. Contractors are in a unique business where everything is based off of estimates, so revenue… Read More →

The “B” Word-Bankruptcy isn’t always a bad thing

The "B" Word 2008

The word “bankruptcy” sends chills down the spines of many business owners and executives as they envision certain financial demise. But bankruptcy is no longer the frightening phenomenon it once may have been, particularly in the business realm. Chapter 11 bankruptcy has become an extremely useful business tool for a company to reorganize its operations,… Read More →

B2B Collection Agencies Help Companies Recoup On Unpaid Bills

B2B collection agencies help companies recoup on unpaid bills, 2008

Derailing Debtors B2B collection agencies help companies recoup on unpaid bills By Don Harris Far too many business owners and operators don’t realize that a sale is not a sale until they see the money. They put plenty of emphasis on the front end of their business — development, marketing and selling — but often… Read More →