May 26, 2020

Many businesses are facing financial uncertainty right now and are working to try and find solutions to remain financially viable.

While working towards financial success it is important to know what the worst case scenario can look like so you can make an informed decision and strategize the trajectory of your business. In this session we will dive into the world of bankruptcy and proposals to help you understand what a business bankruptcy or proposal would look like with two or three examples. We will talk about the differences between secured creditors and unsecured creditors and what creditors could affect business owners personally.