The Longwood Small Business Development Center recently announced plans to restructure the organization to create Western, Central and Eastern Regions for its coverage area. When you think of Longwood SBDC, you probably think of us as being local to this region and we are, Longwood SBDC Executive Director Sheri McGuire said. What you dont realize…
OMAHA, Neb. (KMTV) – For those struggling to make ends meet, payday loans sometimes can be the only option for fast cash. However that quick money can haunt you for a while as many people can’t seem to get out of the cycle from taking these loans out-and the skyrocketing interest rates to pay it…
NATIONAL Sporting goods retailer MC Sports filed Chapter 11 bankruptcy, and a statement released Tuesday says the retailer will begin liquidating its assets, including all 68 of its stores. The Grand Rapids, Michigan-based chain released a statement on February 14, explaining it has initiated voluntary reorganization proceedings under Chapter 11 of the U.S. Code in…
By Monique Friedlander For Daily Mail Australia Published: 14:20 +11:00, 12 February 2017 | Updated: 19:34 +11:00, 12 February 2017 e-mail 397 shares 13 View comments A fitness course backed by Biggest Loser trainer Steve ‘Commando’ Willis has gone into voluntary administration. Sage Institute of Fitness consists of seven campuses around Melbourne, Sydney and Brisbane,…
SUBCONTRACTORS are banking on negotiations now under way to protect them from the worst of another major collapse in the Queensland construction industry. Bloomer Constructions Pty Ltd closed a number of building sites across Brisbane last week, ahead of what was expected to be an announcement Tuesday morning about the company’s fate. Instead, Wayne Bloomer,…
Depending on whether you are a cup half full or a cup half empty kind of person, restructuring is either seen as an evil necessity or an opportunity to create successful business infrastructure. I speak from experience, and I am certainly of the cup half full camp. Having acquired a logistics business in 2013, one…
But in this industry, all small business owners are routinely subjected to lead contractors refusing to pay, the unpaid debt now totalling $20 billion annually! By its very definition this is fraudulent. Under Australian law its definitively illegal. And its also criminal. Small business is the construction industry! Sub-contractors are small business, and by far…
The company hired to liquidate the contents of the soon-to-be-demolished Georgia Dome once auctioned off a urinal from the St. Louis Cardinals clubhouse to a baseball fan for about $2,500. So dont be surprised, Schneider Industries chief operating officer Dan Rosenthal said with a laugh, if the company tries to sell a Dome urinal or…
LONDON Greece is poised to call in Rothschild, one of the oldest financial firms in the world, to help it navigate its current debt crisis, according to a report in the Financial Times. The FT reports that Greece is about to appoint Rothschild as its sovereign debt advisor, replacing US investment bank Lazard, which worked…
New Delhi: The Insolvency and Bankruptcy Board of India, or IBBI, on Tuesday sought public comments on draft rules outlining the process that companies can follow for voluntary liquidation under the Insolvency and Bankruptcy Code, 2016. A company that has not defaulted on loans may initiate voluntary liquidation subject to certain conditions, according to the…