Chapter 7 vs. 11? Most Businesses Don’t Need Either.
For years, bankruptcy was seen as the only “serious” path when a business was overwhelmed by debt. But that landscape is shifting... Read More
You’ve Built a Business — But Can You Leave It?
You’ve poured years, maybe decades, into building your business. It’s more than a company; it’s your legacy, your life’s work. But most... Read More
Increase Your Odds to Stay in Business (Part 4 of 4)
In the first three parts of this series, we’ve shown you why most businesses fail, how to understand and control your numbers,... Read More
Increase Your Odds to Stay in Business (Part 3 of 4)
In Part 2, we talked about the importance of knowing your numbers and how most business owners are flying blind with incomplete... Read More
Increase Your Odds to Stay in Business (Part 2 of 4)
In Part 1, we talked about the odds being stacked against business owners and how most failures come down to poor financial... Read More
Increase Your Odds to Stay in Business (Part 1 of 4)
According to the Bureau of Labor Statistics, about 20% of new businesses fail within their first year and nearly 50% close within... Read More
The Real Gamble in Business isn’t What You Think
Everyone knows the old saying: “You have to spend money to make money.” But when your business is already struggling, that phrase... Read More
When Your EIDL Becomes a Liability: Don’t Rush Into Bankruptcy
A recent Bloomberg Law article, “Covid Loans That Boosted Businesses Now Push Them to Bankruptcy,” shines a spotlight on a troubling trend:... Read More
What Happens When You Fix Your Finances and Your Mindset?
Introducing Profit and Peace – the new program from Investor Direct Funding and Cultivating Bricolage, helping business owners fix their numbers and... Read More
The High Cost of Waiting: Lessons from Blockbuster, Kodak, and Toys “R” Us
When people think of business failure, they often picture companies that ran out of money or couldn’t compete with bigger rivals. But... Read More