Business Brainwaves with Renate Jute
The Business Brainwaves Podcast Show was born from a desire to help entrepreneurs operate businesses smarter. We look at various topics to optimise your business.
Business Brainwaves with Renate Jute
Financial distress
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Renate Jute
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Season 1
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Episode 23
Financial distress is a term commonly used in corporate finance that describes any situation where an individual’s or company’s financial condition leaves them struggling to pay their bills, especially loan payments due to creditors. Severe, prolonged financial distress may eventually lead to bankruptcy.
In this episode I talk about financial distress for businesses and individuals.
For more information on how to deal with personal or business debt connect with me on https://linktr.ee/nobleprosperity, or subscribe to our mailing list on https://www.nobleprosperity.co.za/blog/
Special thanks to Corporate Finance Institute for some of the content.