• Categories

  • Pages

  • « | Home | »

    Tips on reopening your business after bankruptcy

    By cooldude | January 25, 2012

    Reopening your business after bankruptcy is a bold step forward indeed. But you need to follow a few steps to make sure that you do not become a victim of bankruptcy again. First of all you would not be getting capital easily since the lenders as well as investors will hesitate to give you loans. But if you do get some capital you should create a business plan and stick to it. And while doing so do not forget to make your bankruptcy payments on each month.

    This will help to restore the credit that you had lost previously. You must reopen the business with a fresh start. A change in the company’s name or a change in the business outlook will help you to regain the trust of your clients and customers. Do not let the thought of bankruptcy make you feel depressed. It is better if you can realize what the mistakes that you made were in your previous venture and rectify them in the current venture.

    Topics: Finances | No Comments »

    Comments are closed.