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19 December 2024 | 55 replies
By temporarily halting distributions, we can preserve capital, manage our resources more effectively, and invest in key areas that will drive future growth and profitability.In the interim, we are taking strategic steps to strengthen our financial health, including cost-reduction measures, revenue-generating initiatives, and debt restructuring options.
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2 December 2024 | 6 replies
Suppose you have $46,000 mortgage at 8% interest on restaurant, $22,900 SBA loan, $3,900 at 1.75% interest on a microloan, $23,00 on temporary 0% interest credit cards all for the same business totaling $95,000 in debt.
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7 December 2024 | 7 replies
You also don't need to send them if you paid with credit cards or via intermediaries like PayPal Business.
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19 January 2025 | 269 replies
It seems to me that there multiple deflationary trends in the world right now but I don’t see a politically acceptable exit of all the accumulated debt in Europe and Portugal without using inflation.
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31 December 2024 | 66 replies
🤑🤑🤑As for materials, we get the sub to call us at Home Depot and we use the company card to pay for it.
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9 December 2024 | 7 replies
We thought snapping receipt + sending invoice email directly to QBO was super attractive.However, we are finding QBO to be also cumbersome and pricey1) Personal credit card - If I mistakenly use personal CC, I have to manually create an entry (this happens quite often). 2) Pricey - $99/month is now really adding up.WE thought it would be a great early learning and investment to adopt QBO now as we scale (hopefully to MTR and LTR).
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10 December 2024 | 8 replies
Backstory: 22 years old about to get out of military after first contract. 70k cash saved up & 775 credit score, no debt.
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2 December 2024 | 2 replies
Just focusing on reducing debt , I tutor chemistry which has been helping with finances.
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12 December 2024 | 10 replies
They got fundamentally sound real estate, with matching debt (10+ yr fixed rate) and budgets with the intent to hold nearly forever.
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16 December 2024 | 19 replies
It should be as easy as converting one conventional loan that cashflows well to a Debt Service Coverage Ratio loan or DSCR.