As managing partner of GGG and the Turnaround Authority, I get the pleasure of providing guest posts by our other partners. The following post is by our newest Partner, Vic Taglia. Have you tried to get a fixed rate business loan lately from a “too big to fail” bank? Has the bank said it only offers variable, floating rate [...]
Posts Tagged ‘banking’
No More Fixed Rate Loans for You, My Friend
Posted in An Ally's Advice, tagged 15 year fixed rate mortgage, banking, cash is king, floating rate loan, interest rates, prime rate, too big to fail on July 13, 2011 | Leave a Comment »
“If the Alligators are Biting, It’s Too Late to Drain the Swamp”
Posted in The Alligators, tagged banking, cash flow, CEO, CFO, Controller, payables on December 28, 2010 | 1 Comment »
You may have heard this saying before: “If the alligators are biting it’s too late to drain the swamp.” Keep this in mind while running your business. Doing so can affect not only profitability but also your very survival. Here are a few examples of when the alligators start biting: 1. Consider the sales manager [...]
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