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March 2012 - Posts

Thursday, March 15, 2012 7:24 PM

Retailers Floor Plan Debt

Inventory financing is the lifeblood of many retailers, however if things go awry, bankrupting on an out of trust situation is an adventure. There are a number of ways to approach, but all are 'messy'. In my early finance years one of my duties was checking
posted by Danforaloan | 0 Comments
Sunday, March 04, 2012 11:44 AM

Compartmentalization.

An easy trap to fall in is 'the right way is the only way' syndrome. Classifying every business financial condition (like the justice system classifies decisions) is NOT guerrilla accounting. Outside of the box could be totally in space. Some businesses
posted by Danforaloan | 0 Comments
Thursday, March 01, 2012 3:15 PM

If you feel like you know everything???? Hidden Assets.

When you do what I know how to do and have a little luck, sometimes you get a job referral. A former employee from a firm that I helped to stay in business called me. He stated he was in a high management position with another company now and they needed
posted by Danforaloan | 0 Comments
Thursday, March 01, 2012 11:53 AM

Bailouts before 'Bailouts' were cool.

Thirty years with many claims and courthouses later, I attended the case I wrote of in the SCARLET LETTER, where I did not recover enough to pay for the trip. This case had the circus atmosphere I mentioned previously. Since it was in the billions, tied
posted by Danforaloan | 0 Comments