There is always debt involved in doing business. It usually takes money to make money. However, working with debt is a great responsibility. A responsibility that not everyone does well.…
There are times for many people when you can’t make the payments that you have for one reason or another. This happens for business owners as well if they are…
Running a business is an exciting and often rewarding venture, but it’s not always smooth sailing. At some point, many entrepreneurs face the tough decision of whether to continue or…
When a company has a debt that is due and the company has the funds to pay it, the creditor will sometimes issue a statutory demand that helps them get…
It can be a difficult situation when a company is failing insolvency. When this happens, liquidation is often the last step in the process that ties up all the loose…
Debt can be a heavy burden on your financial wellbeing, but with the right approach, it is possible to regain control. In New Zealand, managing debt effectively can help you…
There is a certain amount of truth in the fact that doing business is going to always require debt of some sort. However, if you aren’t careful, you can run…
Receivership is a legal process in which a court appoints an independent third party, known as a receiver, to manage and protect a business's assets. This process is typically initiated…
A debt crisis can leave a major dent in your credit score, affecting your ability to secure loans, credit cards, or even housing. However, it's important to remember that a…
There are always risks and rewards involved as a business owner. There will be plenty of challenges along the way. Some of the challenges might even be a significant threat…
