What can a business in debt do to pay the debt?

What can a business in debt do to pay the debt?
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1 Answer

Answer :

There are many different solutions I can think of. The owners could sell part of the business, they can try some new things, they can get a loan... All good ideas.
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Related questions

Have you ever cashed out a significant chunk of assets to pay off all of your debt? In hindsight, was it the right decision and why?

Description : Have you ever cashed out a significant chunk of assets to pay off all of your debt? In hindsight, was it the right decision and why?

Last Answer : Earlier this year, I was faced with school loans and other debts that I could make the minimum payment for, but with interest rates, I felt like I wasn't making a dent in the actual amount. So I sold my car ... than a car, I don't know if this helps, but I don't regret my decision the least. =)

What is the interest rate that we pay on the national debt?

Description : What is the interest rate that we pay on the national debt?

Last Answer : By my calculations, it’s generally around 4.7% every year (I could have calculated this wrong). Check out these pages: Historical debt outstanding Interest expense on the debt outstanding

how to stop a debt collector from calling you evevy after you pay then

Description : how to stop a debt collector from calling you evevy after you pay then

Last Answer : I would call the original debt company and have them stop the debt collectors.

Did the pilgrims planned to pay off their debt with the fish they caught?

Description : Did the pilgrims planned to pay off their debt with the fish they caught?

Last Answer : yes

Who agreed to work to pay off a debt?

Description : Who agreed to work to pay off a debt?

Last Answer : Indentured servants would work to pay of the debt of theirpassage to America.

Why did the colonist feel that they should not have to pay the British war debt?

Description : Why did the colonist feel that they should not have to pay the British war debt?

Last Answer : I am guessing that you mean the war debt from the French andIndian War (Seven Years War) which ended in 1763. This debt was thereason the British tried to impose taxes on their American ... . To now present the colonies with a bill foradditional costs of the war seemed greedy and ungrateful.

In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Description : In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Last Answer : Feel Free to Answer

To improve my credit score do I have to pay off debt?

Description : To improve my credit score do I have to pay off debt?

Last Answer : Having a credit card and using it responsibly can help improve your credit score. It is recommended that you don't spend more than 30% of your credit limit. Also taking out an installment loan and making your payments on time, and paying down your credit card balances also helps your score.

What bank will give me a loan to pay off the debt I accumulated in college?

Description : What bank will give me a loan to pay off the debt I accumulated in college?

Last Answer : Banks such as Bank of America and Fidelity are very good at handing out loans that can be used towards college debts and school tuition, as they have good return policies.

Where can we go to get a loan to pay off debt?

Description : Where can we go to get a loan to pay off debt?

Last Answer : Loans to pay down or pay off debt can be found at a few locations. The interest rate will be higher if you possess a low credit score. Banks. credit unions, or even family members may be able to assist you.

How can someone pay off their credit card debt?

Description : How can someone pay off their credit card debt?

Last Answer : There are many companies in exsistence today that can help people with growing credit card debt, such as; Consumer Credit, Care One Credit, and a company called Credit Card Debt. One of these services will steer you in the right direction in lowering and eliminating your credit debt.

Where can I find more information about loan to pay off credit card debt?

Description : Where can I find more information about loan to pay off credit card debt?

Last Answer : There are a lot of sites offering advice on this topic. The first one I found is here: http://www.fool.com/personal-finance/credit/9-ways-to-pay-off-debt.aspx

What are the fastest ways to pay off credit card debt?

Description : What are the fastest ways to pay off credit card debt?

Last Answer : One of my first suggestions would be to pull a copy of your credit report. I would then have you go through and pay off each incident on the report. A financial advisor could help you to get all of these incidents in line.

Where can I learn how to quickly pay off my credit card debt?

Description : Where can I learn how to quickly pay off my credit card debt?

Last Answer : Typically classes regarding paying off credit card debt are offered by community based organizations. The best bet for paying off credit card debt is to go see a credit couselor.

A type of loan, where the bank or the lending institution provides the borrower with a loan that helps the borrower to pay off his all previous debts is termed as ________ A. Debt Recovery B. Debt Settlement C. Debt Management D. Debt Consolidation

Description : A type of loan, where the bank or the lending institution provides the borrower with a loan that helps the borrower to pay off his all previous debts is termed as ________ A. Debt Recovery B. Debt Settlement C. Debt Management D. Debt Consolidation

Last Answer : D. Debt Consolidation Explanation: Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.

Under a conservative financing policy a firm would use long-term financing to finance some of the temporary current assets. What should the firm do when a "dip" in temporary current assets causes total assets to fall below the total long-term financing? A. Use the excess funds to pay down long-term debt. B. Invest the excess long-term financing in marketable securities. C. Use the excess funds to repurchase common stock. D. Purchase additional plant and equipment.

Description : Under a conservative financing policy a firm would use long-term financing to finance some of the temporary current assets. What should the firm do when a "dip" in temporary current assets causes ... C. Use the excess funds to repurchase common stock. D. Purchase additional plant and equipment.

Last Answer : B. Invest the excess long-term financing in marketable securities.

Current liabilities a. are obligations that the company is to pay within the forthcoming year. b. are listed in the balance sheet in order of their expected maturity. c. are listed in the balance sheet, starting with accounts payable. d. should not include long-term debt that is expected to be paid within the next year.

Description : Current liabilities a. are obligations that the company is to pay within the forthcoming year. b. are listed in the balance sheet in order of their expected maturity. c. are listed in the balance sheet, ... . d. should not include long-term debt that is expected to be paid within the next year.

Last Answer : a. are obligations that the company is to pay within the forthcoming year. b. are listed in the balance sheet in order of their expected maturity.

Which of the following will give your company an AAA bond rating: a. Have contribution margins higher than 30%. b. Have absolutely no debt. c. Retire all of the current outstand stock. d. Pay a dividend that is less than EPS. e. Retire bonds before they are due.

Description : Which of the following will give your company an AAA bond rating: a. Have contribution margins higher than 30%. b. Have absolutely no debt. c. Retire all of the current outstand stock. d. Pay a dividend that is less than EPS. e. Retire bonds before they are due.

Last Answer : b. Have absolutely no debt.

You pay no brokerage fee if you: a. issue bonds. b. retire bonds. c. retire stocks. d. acquire current debt. e. issue stocks.

Description : You pay no brokerage fee if you: a. issue bonds. b. retire bonds. c. retire stocks. d. acquire current debt. e. issue stocks.

Last Answer : d. acquire current debt.

The contractor provides the financing and is paid an agreed fraction of actual savings achieved. This payment is used to pay down the debt costs of equipment and/or services. This is known as a) traditional contract b) extended technical guarantee/service c) performance Contract d) shared savings performance contrac

Description : The contractor provides the financing and is paid an agreed fraction of actual savings  achieved. This payment is used to pay down the debt costs of equipment and/or services.  ... contract b) extended technical guarantee/service c) performance Contract d) shared savings performance contrac

Last Answer : d) shared savings performance contrac

I can't repay my business debt, what are my options?

Description : I can't repay my business debt, what are my options?

Last Answer : answer:Speak with a lawyer about filing bankruptcy (seek protection from creditors, rather than to be placed in receivership and liquidated). This will trash your credit, but gives you a chance to ... , consider opening a commercial credit line (American Express is my favorite) to tide you over.

Where can I find out about business debt advice?

Description : Where can I find out about business debt advice?

Last Answer : Business debt advice has to do with the financial burden that befalls a business experiencing economic difficulty. The first place to look for such information is your states government website. For instance www.ga.gov provides such information for GA residence.

Business debt help will it help you get out of debt with things you own on your business?

Description : Business debt help will it help you get out of debt with things you own on your business?

Last Answer : There are several options available to you for small business debt solutions. Be aware when searching for the one you will use that they do not require any up front fees, and read the fine print very carefully, or have a lawyer read it for you. If you find the right one it will help you.

The transaction relating to the business managed by the department on behalf of the government are included in -------------------- a. Major account heads b. remittance and debt sections of the account c. None of these

Description : The transaction relating to the business managed by the department on behalf of the government are included in -------------------- a. Major account heads b. remittance and debt sections of the account c. None of these

Last Answer : b. remittance and debt sections of the account

4. For which of the following reasons might inflation cause Real GDP to grow slower than it otherwise would? a. Inflation makes everyone poorer b. Inflation reduces the value of consumer debt c. Inflation increases business investment spending d. Inflation decreases savings in financial form

Description : 4. For which of the following reasons might inflation cause Real GDP to grow slower than it otherwise would? a. Inflation makes everyone poorer b. Inflation reduces the value of consumer debt c. Inflation increases business investment spending d. Inflation decreases savings in financial form

Last Answer : d. Inflation decreases savings in financial form