Comments on: 8 Easily Avoidable Causes of Business Debt

By: Basics of Bank Loans | Outright Blog

Basics of Bank Loans | Outright Blog — Wed, 15 Jul 2009 20:41:29 +0000

[...] managed, debt can provide resources to grow your business. It can also be a disaster if it hides bigger problems in your business. I hope understanding the basic financial information a bank will be looking for, [...]

By: -> Money Hacks Carnival #6 - Famous Hackers Edition | Bible Money Matters

Tue, 28 Apr 2009 21:25:40 +0000

[...] Anderson presents 8 Easily Avoidable Causes of Business Debt at Personal Finance Blog, Budgeting, Debt @ Bankaholic posted at [...]

By: 8 Easily Avoidable Causes of Business Debt | Debt Defeater

8 Easily Avoidable Causes of Business Debt | Debt Defeater — Fri, 15 Aug 2008 20:15:37 +0000

[...] Bankaholic: Entrepreneurs are the the brave souls who make our economy go, or at least they were when our economy was actually going anywhere. Especially in this currently questionable financial climate, starting your own business is undeniably a dicey proposition. Start-ups go out of business all the time, often before they even have a chance to even really star up at all. The main culprit in the savage slaughter of these young establishments is the same perpetrator behind the bulk of our fiscal difficulties: Debt. [...]

By: Small Business Debt, Use it as a Tool but Manage it Carefully

Small Business Debt, Use it as a Tool but Manage it Carefully — Mon, 28 Apr 2008 07:24:41 +0000

[...] recent article on avoiding business debt offers some tips entrepreneurs can use to help keep their debt in [...]

By: RONPIERRE

RONPIERRE — Sat, 12 Apr 2008 01:47:04 +0000

THIS IS DIFFENETLY WORTH IMPLEMENTING

By: Easton Ellsworth

Easton Ellsworth — Fri, 11 Apr 2008 03:30:16 +0000

On #7 – it helps to force yourself to put receipts in the exact same place, like a little clear plastic bin with a lid that seals on, every day. I tend to forget where I put things unless I make myself stick to that kind of ritual.

By: Gary Jensen

Gary Jensen — Thu, 10 Apr 2008 02:57:58 +0000

I see #8 quite often with many smaller businesses, largely because the collection process can be very intimidating. This is especially true in tight knit communities where the business owner may see their delinquent customer at the grocery store, gas station, or even in church. It can make for a very uncomfortable and embarrassing situation depending on the circumstances, but you’re right, it shouldn’t be overlooked.

By: Link Lovin for April 8 2008.

Link Lovin for April 8 2008. — Wed, 09 Apr 2008 03:30:10 +0000

[...] 8 Easily Avoidable Causes of Business Debt As an emerging entrepreneur, it is very easy to quickly accumulate debts that are substantial enough to kill your burgeoning business before it even gets off the ground. But it does not have to be that way. Take the time to examine your business workflow and you will likely discover a number of extraneous costs that can be eliminated to improve the health of your bottom line. [...]

By: small business coach

small business coach — Tue, 08 Apr 2008 16:24:59 +0000

Great article! One further question to ask is: Will this bring me more sales? Or do I need this to make a sale? Sometimes it’s easy to spend on things that seem like they will improve our business, but in reality we can wait a bit until our cash flow and sales are better.

Darren Barr-Engstrom
Small Business Coach
http://www.coachmylife.com

By: No Tears for Fears! Tips to Manage Your Business Debt Better : The Copywriting Maven

Tue, 08 Apr 2008 14:45:16 +0000

[...] other proofs … here’s a nicely written piece from Bankaholic for folks just like us. 8 Easily Avoidable Causes of Business Debt. I’m celebrating 21 years of microbusiness entrepreneurship this month – yeah for me! – but I [...]