With most banks eliminating working capital loans to small businesses, it is only prudent that small business owners explore practical strategies for improving working capital management. This can start with a candid series of questions such as the following:
Can I reduce business debt?
Should I fire my bank?
Can I reduce operating expenses?
How can I improve business communication and negotiation with banks and suppliers?
Stephen Bush is the Founder and Chief Executive Officer of AEX Commercial Financing Group. Steve is a graduate of Miami University (Oxford, Ohio) and obtained an M.B.A. from the University of California, Los Angeles. Prior to founding AEX, Steve served as an officer in the U.S. Navy Supply Corps and as a business/government advisor. AEX Commercial Financing Group is based in Ohio and provides business consulting that focuses on (1) commercial lender negotiations on behalf of business owners; (2) practical solutions for avoidable business problems and risks; and (3) business communications with lenders and businesses throughout the United States and Canada.