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. He provides specialized business writing, career training and consulting to individuals and organizations. Content writing services include specialized white papers, extended articles and case studies. Steve often talks about the importance of contingency planning — Always Have a Plan B.