Who owns a piece of you? (Understanding guarantees)

Disclaimer: I am not a lawyer.  This is one of those topics that causes heart burn for individuals and businesses that may be unfamiliar with how banks and lenders operate.  This topic is almost as bad as discussing bank fees – but not quite.  What is a guarantee?  A guarantee is an agreement that either you or your companyContinue reading “Who owns a piece of you? (Understanding guarantees)”

Pull off the band-aid and stop drinking the kool-aid

This year 3 clients have contacted me in situations where they are out of money and things do not look promising.  It is important to note that they are not new businesses and have been around for awhile, have a customer base and provide a product or service to the market.  So how did they run outContinue reading “Pull off the band-aid and stop drinking the kool-aid”

Risk taker, caretaker or undertaker

I was on YouTube the other day watching Rick Warren speak at a conference for church leaders (as an aside, if you don’t know who Rick Warren is you might want to learn more. Rick Warren wrote The Purpose Driven Life – now titled What on Earth am I here for? – which became the bestsellingContinue reading “Risk taker, caretaker or undertaker”