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AI Global Media Ltd.
Ground Floor, Suites B-D,
The Maltsters, 1-2 Wetmore Road,
Burton on Trent,
Staffordshire,
DE14 1LS

[email protected]

VAT number - 100361775

Invoice Number AIGP-0286
Order Number 2203
Invoice Date 28 June 2022
Total Due £0.00
Billing address
Alexis Cooling-Hunt
WMG
Central House, Otley Road
Harrogate
HG3 1UF
Hrs/Qty Service Rate/Price Sub Total
1AI Guest Post
  • Brand: Wealth and Finance News (£100.00) £100.00
  • Select Publication Date: 2022-07-01
  • Number of images/videos: 1 (£0.00)
  • Media 1: Image or video?: Image (£0.00)
  • Media 1: Upload image:
    Debt Image.PNG
  • Total number of words: 500-750 (£0.00)
  • Article title: How You Can Manage Your Business Debt
  • Article text: [*bold*]How You Can Manage Your Business Debt [*endbold*]

    As a business, debt is often essential for getting the business going and for taking the business to new heights. This means that [*nolink https://www.nibusinessinfo.co.uk/content/advantages-and-disadvantages-bank-loans *]debt is not always a bad thing in business[*endlink*], but it can still cause a great deal of stress and anxiety and will always hang over your head as a business owner. So, what are the best ways to manage your business debt?

    [*bold*]Organise Your Debt[*endbold*]

    Often, debt-related stress comes from being unorganised and a lack of control. Therefore, one of the best ways to reduce this stress is to simply get organised. You should create a spreadsheet with all of your debts, including what it is for, the total amount, monthly payments, interest and how it will be paid. This should also help you to avoid missing any payments and will help you to get on top of everything.

    [*bold*]Reduce Spending & Increase Revenue[*endbold*]

    It is stressful when things get tight, and you obviously do not want to default on your loans. Therefore, you should [*nolink https://www.startupdonut.co.uk/financing-a-business/cash-flow/cutting-costs-where-do-i-start *]reduce spending[*endlink*] to free up more money to go towards debt clearance each month. Be careful when cutting costs as you do not want to make any cuts that could cost the business more in the long run. Of course, increasing revenue is also a great way to clear your debt so you should always be looking for ways to do this.

    [*bold*]Business Loan[*endbold*]

    You should not shy away from [*link https://nucleuscommercialfinance.com *]taking out a business loan as a way to manage[*endlink*] the various costs that you have as a business. You can use loans to pay employees and suppliers on time as well as use the money to grow the business, such as hiring new staff or purchasing new equipment. Sometimes, you have to borrow money to grow the business, and this can prove to be a smart financial move in many cases.

    [*bold*]Make Arrangements with Creditors[*endbold*]

    If you feel that you are struggling to keep up with debt payments, it is worth speaking to your creditors. Often, there is flexibility and payment terms could be changed or a payment plan could be devised. Alternatively, you may be able to consolidate your debt which can make it easier to manage and could even work out to be more affordable.

    Hopefully, this post will be useful and help you to manage your debt as a business. Debt is often a good thing in business as it can be key for getting the business up and running and for growth, but debt can also be difficult to manage particularly if you borrow from multiple lenders. There are always steps that you can take to manage this debt, though, which can improve your financial well-being and provide peace of mind.

_Brand: Wealth and Finance News (£100.00) £100.00
_Select Publication Date: 2022-07-01
_Number of images/videos: 1 (£0.00)
_Media 1: Image or video?: Image (£0.00)
_Media 1: Upload image: Debt Image.PNG
_Total number of words: 500-750 (£0.00)
_Do-Follow links: 1
_Article title: How You Can Manage Your Business Debt
_Article text: [*bold*]How You Can Manage Your Business Debt [*endbold*] As a business, debt is often essential for getting the business going and for taking the business to new heights. This means that [*nolink https://www.nibusinessinfo.co.uk/content/advantages-and-disadvantages-bank-loans *]debt is not always a bad thing in business[*endlink*], but it can still cause a great deal of stress and anxiety and will always hang over your head as a business owner. So, what are the best ways to manage your business debt? [*bold*]Organise Your Debt[*endbold*] Often, debt-related stress comes from being unorganised and a lack of control. Therefore, one of the best ways to reduce this stress is to simply get organised. You should create a spreadsheet with all of your debts, including what it is for, the total amount, monthly payments, interest and how it will be paid. This should also help you to avoid missing any payments and will help you to get on top of everything. [*bold*]Reduce Spending & Increase Revenue[*endbold*] It is stressful when things get tight, and you obviously do not want to default on your loans. Therefore, you should [*nolink https://www.startupdonut.co.uk/financing-a-business/cash-flow/cutting-costs-where-do-i-start *]reduce spending[*endlink*] to free up more money to go towards debt clearance each month. Be careful when cutting costs as you do not want to make any cuts that could cost the business more in the long run. Of course, increasing revenue is also a great way to clear your debt so you should always be looking for ways to do this. [*bold*]Business Loan[*endbold*] You should not shy away from [*link https://nucleuscommercialfinance.com *]taking out a business loan as a way to manage[*endlink*] the various costs that you have as a business. You can use loans to pay employees and suppliers on time as well as use the money to grow the business, such as hiring new staff or purchasing new equipment. Sometimes, you have to borrow money to grow the business, and this can prove to be a smart financial move in many cases. [*bold*]Make Arrangements with Creditors[*endbold*] If you feel that you are struggling to keep up with debt payments, it is worth speaking to your creditors. Often, there is flexibility and payment terms could be changed or a payment plan could be devised. Alternatively, you may be able to consolidate your debt which can make it easier to manage and could even work out to be more affordable. Hopefully, this post will be useful and help you to manage your debt as a business. Debt is often a good thing in business as it can be key for getting the business up and running and for growth, but debt can also be difficult to manage particularly if you borrow from multiple lenders. There are always steps that you can take to manage this debt, though, which can improve your financial well-being and provide peace of mind.
product_extras: Array
submitted: 1
£100.00£100.00
Subtotal:£100.00
Discount:-£36.00
VAT:£12.80
Payment method:Pay via Invoice
Total:£76.80