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The Value of Debt and Your Small Business

The Value of Debt and Your Small Business

Thomas J. Anderson

ISBN: 978-1-119-04918-0

Jun 2021

208 pages

Description

Just as individuals (even affluent individuals and families) have, for the most part, completely shied away from embracing a holistic debt perspective, many small businesses have also failed to take advantage of the value of debt. To that end, The Value of Debt and Your Small Business will focus on the following topics:

  • The holistic perspective and the value of considering both sides of the balance sheet
  • The importance of liquidity and what you should be willing to pay for it
  • Optimal debt ratios for small business
  • The importance of cash flow
  • The power of “interest only” and how and why to avoid amortization
  • How your personal balance sheet and corporate balance sheet are interconnected and can help each other!
  • Strategies for selling your business—how to effectively use various forms of debt
  • Recourse and non-recourse debt
  • Case studies comparing small business that embrace debt versus those that do not