Dec. 5, 2019

Episode #039 - How Do I Fix The Finances Of A Business That Is Already Running?

Episode #039 - How Do I Fix The Finances Of A Business That Is Already Running?

This week, Shane asked, "I started a mobile entertainment business with my two brothers because we love to have fun together, and we thought we could make some real money in the process. What we found out was that we are really bad and holding each...

This week, Shane asked, "I started a mobile entertainment business with my two brothers because we love to have fun together, and we thought we could make some real money in the process. What we found out was that we are really bad and holding each other accountable and getting the bills paid on time. We have hired on enough extra people that I can run the business with little to no help from my brothers, and I still believe this small idea could sustain itself. But as is, it’s a drain on cash which makes it a drain on time and not very fun. How do I get our finances in check, and should I buy my brothers out of the business before I initiate that plan?"

Find the answer to this question and more like it at http://businessquestionsansweredhere.com.