Shareholder Loans are Loans
Business owners often advance personal funds to their business when other available capital is not able to meet working capital demands. Shareholder advances can be in various forms, such as
Business owners often advance personal funds to their business when other available capital is not able to meet working capital demands. Shareholder advances can be in various forms, such as
No wonder management teams avoid the daunting challenge of fixing a troubled business. Better, and certainly easier, to not take ownership of the problem and to believe that the world has temporarily conspired against them