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Loan agreements usually contain two kinds of covenants: performance and prohibitive. Performance covenants seem to get the most attention. These…
It’s time for many owners to face the hard, cold reality that to thrive in the next decade, they will…
So, it’s the new year and you say you have way more on your plate than you can handle? So,…
If you are a member or have attended one of our events, you already know we strongly promote open book…
Feeling the cash pinch from higher fuel prices? You’re not alone! Our phones at Meridian have been ringing off the…
Is it possible to boost gross profit dollars even as fuel margins shrink to their lowest levels ever? The answer…
At Meridian, we are getting a record number of phone calls from folks who have maxed out their credit lines…
Should you guarantee your company’s debts? Should you require your delivery customers to personally guarantee their trade credit? Why do…
Marketer acquisitions and mergers are happening at an almost frantic pace these days. If you are in the midst of…
Family business owners complain about rising insurance costs. A few owners, however, are taking very proactive approaches to insurance cost…
Ask most family business owners their biggest concern and challenge, and they’ll tell you first margins, followed by labor costs….
More and more companies have written credit policies. That’s the good news. The bad news is that most do not…