Empowering Healthy Business Podcast Episode 19: Managing a Financially Distressed Business with Charlie Goodrich
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Businesses can become financially distressed and face challenges with solvency and potential bankruptcy. Business owners in this situation may be able to cut costs, tightly manage cashflow, and return to profitability. Sometimes they need to renegotiate debt, attempt to sell business assets, or ultimately dissolve the business. There may also be personal liability concerns for owners and officers. In this episode of the Empowering Healthy Business Podcast Charlie Goodrich shares how he helps businesses navigate these situations and achieve as favorable an outcome as possible.
About the Empowering Healthy Business Podcast
The Empowering Healthy Business Podcast is THE podcast for small business owners seeking to balance having a nicely profitable business, a sustainable, scalable, and salable business, lower stress levels, better work-life balance, and improved physical and emotional fitness. Yes, this is possible! Though it’s not easy. We’re here to help you navigate toward this objective.
Check us out at www.empoweringhealthybusiness.com.