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welbie
Apprentice
Joined: 24 Aug 2004
Posts: 8
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 Posted: 12/04/07 - 11:22 Post subject: |
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| I have recently got a new credit. It is the third one I have taken and the situation with my business has not improved a bit. How can I repay my debts? If anyone could help me with some advice, that would be great. Thanks in advance for your suggestions, it really means a lot. |
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amby
Apprentice
Joined: 05 Jun 2004
Posts: 13
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| Posted: 01/03/08 - 02:43 Post subject: |
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| Any business is always a big risk. You simply never know what can go wrong, and sometimes things go against all odds and you suddenly find yourself in big trouble. Having debt that is just getting worse with an ongoing business is really a grave situation. You can do two things. If you have some money you can invest, invest it in better marketing, in anything you thing might help your business. Better profits would enable you repaying your debt. If not, maybe it would be a good solution to sell your business and get some money you can use for covering your debt. I hope the situation would improve. Best of luck. |
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