Debt can be a tricky topic when it’s regarding business.
In startups and corporations, debt can be a tool for jumping on
opportunities that demand extra cash the business doesn’t have on
In certain types of small business, a line of credit might be
necessary to manage the ups and downs of monthly cash flow.
For online businesses, debt is rarely needed though.
That doesn’t stop many online entrepreneurs from getting into
situations where they take on debt due to poor financial
That’s why in this episode, we discuss:
– Why it’s not super common for our clients to need loans or
– Why debt happens when online entrepreneurs don’t pay close enough
attention to their finances.
– Common situations that force online businesses to take on
About the Podcast
Bookkeeping and business education company dedicated to helping online entrepreneurs create profitable and healthy businesses.