Thursday, February 19, 2009

How to Pay Business Debts You Can’t Afford

Over the last year, a significant number of small businesses have been experiencing real financial stress. 

Requests to our company for assistance have tripled and from our perspective, it looks like this trend will continue. 

We believe this is one of the reasons that our Guide “How to Pay Business Debts you Can’t Afford”, co-developed with the ASBDC, has been in great demand.

To meet this need and expand upon the Guide, we’ve produced an accompanying 14 minute video tutorial. The link to the tutorial is below.

In the event you are not familiar with our Guide, it teaches a methodical, proven way for smaller businesses to develop a plan to pay their creditors. It shares proprietary information including calculations, templates for letters, a business history profile and offers to settle within an affordable budget.

We’ve received a warm response from all levels of the ASBDC:

  • 2007 NJSBDC Small Business Success Award for developing the guide
  • 2008 Chicago ASBDC National Show presenter [Standing Room only, 148 attendees!]
  • We have been invited to speak or present at several SBDC State meetings

For printed copies and/or a PDF of the Guide see:

Several state networks have requested this tutorial for their meetings. We are providing disks for projection.

Here’s the link to the video tutorial: Click Here or, paste this address into your browser:

You are more than welcome to post this information on your site. If you’d like a descriptor, logo or have questions, please don’t hesitate to contact me via email:

You can also call me at 1-800-411-1113 Ext. 4047.

In closing, we wish you the best in your endeavors and it is an honor to work in Partnership with the ASBDC. We would especially like to thank the NJSBDC in helping us develop the Guide. 


Charles Evans

Corporate Turnaround
95 Route 17 South
Paramus, NJ 07652

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