Small Business Reorganization Act (SBRA) and Subchapter V

The new Subchapter V of Chapter 11 is open to small businesses with under $7.5 Million in debt. Small Business Reorganization Act (SBRA) was passed in August 2019. The Small Business Reorganization Act shifts leverage in favor of the business owner in several key areas. 1) Under SBRA / Subchapter V, a business owner can confirm a plan of reorganization without the consent of any creditor. 2) Only the business owner (debtor) has the right to modify the restructuring plan post confirmation. 3) A small business owner has relief from the absolute priority rule. 4) SBRA / Subchapter V is significantly cheaper and faster, with fewer hurdles and fewer fees. Click through to read the full article.

Resizing your Business: cash and operations through a recession

The most successful businesses are those that anticipate early and react to opportunities and challenges quickly. In a growth phase, that means hiring, facility, equipment and inventory expansion, new product lines, acquisitions, geographic expansion and more. In contractions, that means resizing the business and focusing on the core business, cost controls, cash flow and the runway available, emergency action needed versus business restructuring, and stakeholder relationships. We don’t fully ...

What to Include in your Cash Flow Forecast

Once complete, the cash flow needs to be simple enough for the business owner or CFO to input the data and drivers each week within one hour. And then be able to test different scenarios. The information and data you need ...

Cash Flow Modeling for Your Next 3 Months

Having a cash flow model that forecasts your cash position over the next 13 weeks is a critical business planning tool – you can dynamically change any input and scenario to see how those decisions impact your cash position. Think of it as both as early warning system and the winning formula to exit this recession ahead of your competitors.
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