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3 Tips For Small Business Owners In Financial Difficulty

Charles M. Forman is featured in the online column “Triple Play”, a weekly NJBIZ feature that asks top executives in New Jersey to talk about three things related to their industry.

Below is an excerpt.

NJBIZ asked “What are three tips for small business owners in financial difficulty?”

1- Accept change. Ask others’ opinion of what you’re doing wrong. Admit that things aren’t working and accept a different direction.

2- Get professional help. Have honest conversations with legal and financial professionals, ask questions and follow their advice.

3- Keep things in perspective. Be patient, take care of your physical and mental well-being and hopefully, once you get through the difficult times, you’ll be better off than you were when you started.

Read the article in its entirety here.