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Divestiture Definition: What Is Divestiture in Business?

Fundera

A company divestiture, by definition, is one of these kinds of bumps in the road for a business. Divestiture may not be fun, foreseen, or welcomed, but it’s a vital concept to understand as a small business owner, as it can affect your business finances. Divestiture Definition. Bankruptcy.

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5 Tips for Small Business Owners to Assess and Improve Their Bookkeeping

Due

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic outlook. On the payments side, electronic payments definitely make bookkeeping easier.

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The Definitive Guide to Separating Business and Personal Finances

Fundera

If you don’t have that protection in place by dividing your business finances, you risk opening up your personal finances to seizure when that judgement goes against you. Now, you can just worry about running your business without these nagging worries in the back of your mind. The nice thing about getting this done?

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The Bank Crisis and How it Will Affect the Future of Entrepreneurs

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A recession has a general definition which is a “slippage in economic activity,” but a common definition is two consecutive quarters of negative gross domestic product (GDP) growth. A recession can impact businesses in a few different ways.

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Do SBA Loans Require a Personal Guarantee?

Fundera

With that in mind, the lender will likely—if not, definitely—want to have the remainder of the SBA loan guaranteed by the business and, failing that, the personal assets of the business owner. The percentage of the loan the SBA guarantees varies with each loan and lender, and also depends on the applicant’s qualifications.

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Do SBA Loans Require a Personal Guarantee?

Fundera

With that in mind, the lender will likely—if not, definitely—want to have the remainder of the SBA loan guaranteed by the business and, failing that, the personal assets of the business owner. The percentage of the loan the SBA guarantees varies with each loan and lender, and also depends on the applicant’s qualifications.

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Do SBA Loans Require a Personal Guarantee?

Fundera

With that in mind, the lender will likely—if not, definitely—want to have the remainder of the SBA loan guaranteed by the business and, failing that, the personal assets of the business owner. The percentage of the loan the SBA guarantees varies with each loan and lender, and also depends on the applicant’s qualifications.

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