In 2020, Fidelity reported that the majority of people who were making financial resolutions for the new year wanted to achieve a debt-free life. While fortunes have shifted during the coronavirus pandemic, it is still a very worthy goal…
There are ways to relieve the pressure and survive
Any business leader can find themselves confronting circumstances where their company has more debt than it should. I’ve written before about what is an appropriate level of debt for companies to target, which is generally a ratio of debt to profit. When that debt ratio begins to go upwards of 4 to 5 times…