Kevin Muir

If you are a small business owner looking for help for business problems, you may feel lost. Fortunately, resources are available for businesses facing financial hurdles. This article suggests where to look.

Do you have an SBA loan? Default is not uncommon for businesses in financial trouble. This article explains what can happen during a loan default and what you can do about it.

Like with most legal jargon, "employment at will" has both a formal definition and a practical one. In this case, the theory is easy. Unfortunately in practice, "employment at will" is not so clear. And this can have an affect on employers.

Firing an employee can be tough for some people. Even if he or she is the worst employee imaginable, you will still find yourself reluctant to fire that worker. But to be an effective employer, you will eventually have to let an employee go. This article provides some tips on how to do it right.

Downsizing is reducing your company's workforce. The purpose of downsizing is to make your business more profitable and more cost-effective. Essentially you can use this important tool to change the course of your business strategy.

The difficulties that come with a problem employee may seem easily corrected by termination. However, if you believe the employee's performance can be altered, counseling employees is an intermediate step before firing becomes necessary.

For many business owners bankruptcy seems scary but, sometimes, declaring bankruptcy is a worthwhile strategy. If you are considering the possibility of declaring bankrupting for your business, this article will review some key points you must know. It covers both Chapter 7 and Chapter 11.