26 results for author: eslouisiana

Non Judicial Bankruptcy; An Overlooked Alternative

Unfortunately, sometimes businesses find themselves in financial stress and seek the advice of a Bankruptcy Attorney;  we recommend a consultation by qualified attorneys in the field. Bankruptcy is expensive and many attorneys will tell you that you're too broke to go bankrupt.  The bankruptcy process is very expensive and you must have available cash to "pay your way" through court; attorney fees, US Trustee Fees, and expert consultants.  We have been involved in numerous cases where the attorney fees exceeded $100,000. So if you're that broke, what do you do?  Or a better question, Is There an Alternative? The Answer is YES!! H...

How To Write A Business Plan; Step By Step Instructions

Another white paper on how to write a business Plan? ….  NOT EXACTLY. I’ve seen lots of very well written business plans that are highly organized, describe broad goals, and set solid benchmarks for measuring success.  Rarely have I seen a performance review that measures the achievement of the plan.  More often, the follow-up to a business plan is a revised business plan that attempts to update corporate goals. In general, business plans seem to focus on goals and sometimes strategies to achieve those goals.  A business model is usually developed that outlines the business activities and describes how the various components of the ...

Debt Management; What’s Your Workout Plan?

GENERAL COMMENTS ON DEBT Debt management is critical to business cash flow and success. Long term, short term, accounts payable, capital leases, and any number of other liabilities can overwhelm a business owner. While debt is reported as a “Liability” on your balance sheet, it’s part of the Capitalization of your company, similar to “Equity”; except that you owe someone. In most cases, bank notes, lines of credit, and in some instances vendor accounts must be “guaranteed” by the business owner; personally. In their enthusiasm and optimism, many business owners casually “sign off” guaranteeing the debt of their corporation; and ...

Round Table Review; How Exit Strategy USA Can Help Your Business

Exit Strategy USA has developed a unique product for business owners and management teams.  The Round Table Review is available to Assess your current situation, evaluate alternative solutions to problems, and make recommendations on business strategy & implementation. This unique service offering includes an assessment of your business and an opportunity to discuss your current state of affairs with relevant professionals sitting together as your “Interim Board of Directors”.  The Board will make recommendations, answer your questions, and view your business from a different perspective. We’ve all heard the cliché “Can’t see ...

Investment Opportunities; Alternative Investment Strategies

Non-Traditional Investment Opportunities Investment opportunities exist that can return higher rates of returns than conventional investments.  If you are interested in alternative investment strategies, or may be thinking of an “Investment” outside of traditional CD’s, stocks, and bonds, YOU SHOULD TAKE THE TIME TO REVIEW THIS OVERVIEW OF ALTERNATIVE INVESTMENT STRATEGIES.  And pay particular attention to our disclaimer.  We’ll start with the Disclaimer. DISCLAIMER: In today’s economy, many successful people are looking for opportunities to improve their returns on cash holdings.  Many institutional options are available, including ...

Small Business Failing; What You Should Know

The Most Common Failure of most small business owners is their failure to put things in writing.  Typically, these are entrepreneurs with no partners who have a vision but never take the time to describe their vision on paper. Is your small business failing? If so, take this small business advice to heart. Now you might say, WHY?  They’re single owners with no board of directors and report only to themselves.  Exactly!!!!!  And most successful corporations have a Board of Directors who regularly exercise oversight of management activity.  And having an oversight board can be very valuable to the long term success of a company. An ...