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Taking Charge of Your Debt.

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  • المؤلفون: Berg, Joel
  • المصدر:
    njbiz. 8/13/2007, Vol. 20 Issue 34, Special section p26-27. 2p.
  • معلومة اضافية
    • الموضوع:
      DEBT management; BUSINESS enterprises; CASH flow; MENDLOWITZ, Ed; ESPOSITO, Orlando C., 1958-
    • نبذة مختصرة :
      The article offers tips for businesses on managing debt. The two basic rules a business should follow according to accountants are mentioned. It states that the first step for a company in trouble is to review its cash flow. Ed Mendlowitz, a partner at WithumSmith+Brown, stresses that business owners should avoid promising what they cannot deliver. Pieces of advice from Orlando Esposito, executive vice president and manager of corporate and institutional banking for PNC Bank are presented.