“I recently advised a friend in the party and event business. Her business is historically slow in the first quarter. She has a great fear of debt, and although she has a line of credit, she has always been hesitant to tap it. As a result, she has had many sleepless nights.”

“Everything feels different. The bad stuff I used to eat no longer looks appetizing. When I feel tired, instead of hitting Starbucks, I make sure to get more sleep. And I can’t believe I am saying this, but I am starting to look forward to exercising.”

“At MultiFunding, we recently learned that one of our primary SBA lenders, a community bank in California that we have worked with for more than five years, has tightened up its credit terms. What does this all mean? “

“I generally suggest that the amount should be for about 10 percent of your top-line sales, 85 percent of accounts receivable, or 50 percent of inventory, whichever is greater.”

“This helps the many sellers who are ready to pass the torch but not necessarily ready to retire. Sellers often welcome the idea of sticking around to lend support and have a role in the business even if they’re no longer in charge”.

“There is a third scenario that my prospective client hadn’t considered. I encouraged him to think about how he might invest his $1 million of liquid cash in his business if he were not investing it in real estate.”

“Life feels calmer than it did a few years ago. I am not sweating payroll every day. I can slow down on weekends. My office and team run fine - if not better - when I’m not around.