Going out of business is a tough process regardless of the reasons. Whether a small business closes because of changes in the market or a massive corporation shuts down due to advances in technology, many businesses still have some outstanding debt or tax obligations when they cease … [Read more...]
What Happens to Debts When Dissolving a Company?
After-Tax Cost of Debt – How to Calculate it For Your Business
It’s not uncommon for the general population to view debt as an unfavorable financial instrument, but entrepreneurs and finance directors know the value of leveraging capital. In fact, smart business owners know how to use debt as an actual tool to grow their business. Debt can be a critical device … [Read more...]