Sales are down: Economic, personal or other unforeseen
circumstances have decreased your income.
Slow or uncollectible receivables: Some customers are
paying slowly and some are not paying at all.
Lack of capital: Without sufficient capital, even the
smallest debts are a major challenge.
Collection calls: Creditors, collection agencies and attorneys take valuable time away from operating your business and cause tremendous stress.
Lawsuits: Lawsuits and judgments can drain scarce financial resources and threaten the existence of your company unless you have a solid plan to get out of it.