Do you run a small business that is constantly in debt?  You are not alone, even the most skilful entrepreneurs, due to natural disasters and pandemics, have found themselves in a similar situation to a point of thinking to...

Do you run a small business that is constantly in debt?  You are not alone, even the most skilful entrepreneurs, due to natural disasters and pandemics, have found themselves in a similar situation to a point of thinking to avoid all forms of debt altogether.  However, debt itself is not a bad thing and it is necessary when you run a small business but how it is managed can eventually categorize it as either a bad or good debt. Therefore, as an entrepreneur, you need to gain some skills on how to manage your debts and save your small venture from collapse due to bad debts. In case you are experiencing a build-up of debts in your small business which can stifle your cash flow, it is time to think of a management plan and below are a few strategies you can apply either to control your debts or to […]

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