Entrepreneur

4 Smart Moves to Protect Against Financial Disaster

One day you're a millionaire, the next day you're not.
Source: Shutterstock

Eighteen months ago, Jessica was living a lifestyle most people only about -- debt-free, hundreds of thousands in the bank, owner of a kick-ass retail business and a net worth approaching eight digits. Then she got sued. Now she hardly sleeps. Her bank account is nearly empty. Her credit card balances have passed $100,000. She has tapped out her company’s line of credit, and the IRS is threatening to go after her

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur2 min read
Which Fridge Would You Eat From?
Will people buy cheap food to help save the planet? The answer is yes—and no. This was the idea behind Flashfood, an app-based marketplace that aims to divert food away from landfills, and to families in need. It collects food nearing its best-by dat
Entrepreneur3 min read
Engineering a Better Life
Kayla Opperman made good money at her engineering job. But when her daughter was a baby, she got tired of long hours in the office. She also recognized there was a limit to how much she could make working for someone else. “I’d worked hard to get an
Entrepreneur3 min read
The One Change Auto Services Giant Monro Made to Save Time and Gain Insight into Procurement
In today’s fast-paced retail landscape, having a great product is essential, of course. But smart business owners know at least two other things are crucial for success as well: efficient inventory management and streamlined distribution processes. W

Related Books & Audiobooks