Want to hear simple and practical ideas and opinions about business and entrepreneurship? After 20 years of working with entrepreneurs and business owners Dylan has lots to share. As the founder of Bridge Capital with a background in finance and technology he has made his own mistakes and doesn’t pull any punches when it comes to sharing his thoughts and opinions. This podcast is meant to inspire and encourage entrepreneurs.
Episodes
Friday Mar 08, 2019
Bankruptcy, Receivership and Creditor Proposals
Friday Mar 08, 2019
Friday Mar 08, 2019
FACT: Many businesses fail. There are many reasons why a business fails or why a company declares bankruptcy. Most business bankruptcy happens because debt owed to secured creditors like banks and lenders or unsecured debt owed to vendors, suppliers and/or the government becomes unmanageable.
Things to Consider:
- Bankruptcy vs. Receivership?
- Receivership vs. Division 1 Proposal?
- Creditor Proposal vs. Bankruptcy?
The decision you make for your business really depends upon what options it has available to restructure, reorganize and repay its creditors. Getting help or advice is important to make sure that you have explored all of your options.
Listen now to learn more about bankruptcy, receivership and creditor proposals.
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Connect with Dylan on LinkedIn at:
https://www.linkedin.com/in/gallagherdylan
dylan's blog:
https://dylangallagher.wordpress.com
dylan's vlog:
https://www.youtube.com/c/DylanGallagherVlog
"music by Joakim Karud (Show Love) https://soundcloud.com/joakimkarud"
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