How Small Businesses Can Avoid Bankruptcy

 THE LATEST PROFIT/BMO BUSINESS COACH PODCAST

   TORONTO, Jan. 27 /CNW/ - A weak economy can be a hazard for any business:
Suppliers begin to demand quicker - if not up-front - payment. Customers begin
to stretch their payables - or stop buying, period. In the middle is the
cash-starved entrepreneur who can't make ends meet. For some, bankruptcy
becomes the only way out. But it doesn't have to be that way. When otherwise
strong companies run into cash-flow problems, they usually just need to buy
some time to get their fiscal house in order - and there are laws that exist
for that very reason.

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