If you are the owner of a struggling small business, don’t give up hope. The stress can be overwhelming. There are steps you can take to save your business. But, you need to be smart about it. Here are a few tips from our experience over the last 30 years to get you started.
1. Cut your expenses
This may seem obvious, but it must be done wisely. Do a short-term cash flow analysis. Decide what bills you have to pay now, ...