Sentences with phrase «cover business debts»

You may opt to buy life insurance to cover business debts or a mortgage should your family lose the financial security of your income whether you're the head of the household or not.

Life insurance can provide your family with the money to cover business debts that they could be held responsible for when you die.

If the value of your business has recently changed (the purchase of a new building, inventory or equipment), be sure your life insurance limits are set high enough to cover business debts that your family could be held responsible for when you die.

If the value of your business has recently changed (the purchase of a new building, inventory or equipment), be sure your life insurance limits are set high enough to cover business debts that your family could be held responsible for when you die.

Not exact matches

Debt allowed me to cover up a lot of mistakes, and it wasn't until the well dried up that I had to fix those problems and make my business successful.

Though it requires a larger upfront investment compared to starting something from scratch or conducting a traditional job search, buying a business can provide you and your family long - term security while paying you an immediate salary, covering your bank debt and providing a small cushion to grow the business.

Vancouver paid off its debt in 2014 by selling the village's luxury condos, but a recent report by Business in Vancouver shows that taxpayers got stuck covering hundreds of millions of dollars of debt.

In our example of growth through acquisition, after covering costs, and after paying the debt you used to buy the business, you add cash flow to the bottom line.

These actions have turned a company from one hemorrhaging money each quarter into a leaner business that is generating more than enough cash flow to cover spending and further reduce debt.

The Federal Reserve pumps money into the banking system by purchasing bonds and, when the system breaks down, makes enormous bailout payments to cover the bad debts run up by banks and other institutions to mortgage borrowers, businesses and consumers.

When selecting a funding method, you need to be sure that the business can cover any debt it takes on.

For those who choose debt financing, remember that you may start repaying a loan in as little as 30 days, so you'll probably have to pay out - of - pocket before your business revenue can cover the monthly payment.

That's because the courts can seize your personal assets if your business can't cover its debts.

That means that each partner is equally responsible if the business falls apart and creditors can take possession of their assets (like their homes and cars) to cover any unpaid debts.

If you have a habit of covering expenses on the company credit card, or are taking out more and more loans to make ends meet, chances are you should be refocusing your efforts on being debt - free and not purchasing the plush commodities you've always wanted as a business owner.

In the example above, net operating income has to cover ALL of your business expenses, not just the monthly payments on your debt.

Cash gives you the flexibility to stress less, even with the ebbs and flows of business cycles, and also not rely on debt or long - term investments to cover your short - term needs.

We've seen complete college debts paid off, business funding paid, and pretty much anything a woman could want to be covered.

In that role, she reported on topics spanning the business world from covering the debt downgrade and debt ceiling crisis to the latest in policy debates, legal issues, and technology trends.

In this one a car salesman hires two goons to kidnap his wife so he can use the ransom, paid by his rich father - in - law, to cover some bad business debts.

The suit also alleges that TechCrunch paid bills and debts that Fusion Garage was unable to cover, provided advice and direction on technical problems for the device, hosted Singapore - based Fusion Garage's U.S. base of operations, and lined up business deals to promote, market, and distribute the CrunchPad.

I never write about Sprint as an investment because the debt burden has been just too speculative — if I can't be reasonably sure that the debt won't force the company into bankruptcy within the next decade or so, why cover the business enterprise?

The individuals and business who file for bankruptcy have far more debts than money to cover them and don't see that changing anytime soon.

However, if the actual time to profitability is 7 years instead of 5 years, as planned, the business owner may want to renew their life insurance policy to make sure any debts would be covered.

This payment plan is great for businesses that got behind in the first year or two of operations but now have enough revenue to cover payments on their tax debt.

It does not cover business or company debts.

This amount represents dollars households would have spent if businesses were forced to raise prices to cover bad debt.

If your business debts are in your name and not that of your business, you are covered by the FDCPA.

A Debt Relief Service company covered under the new rules is a for profit company that engages in the business of offering or implying to offer to reduce, renegotiate or otherwise change the terms of a consumer's debt repayment with an unsecured crediDebt Relief Service company covered under the new rules is a for profit company that engages in the business of offering or implying to offer to reduce, renegotiate or otherwise change the terms of a consumer's debt repayment with an unsecured credidebt repayment with an unsecured creditor.

This immediate cash source can help pay final expenses, cover outstanding debts, and help ensure business continuation.

In most cases, the term «debt service coverage ratio» applies to businesses and their ability to pay their lenders and cover their expenses.

In addition to home financing, Rocket Mortgage also offers personal loans to consolidate your debt, pay for home improvements, cover medical expenses, purchase a vehicle or start a small business.

For one thing the balance sheet of SPLP is solid and cash flows from operations appear to cover LT debt several times (although this is not particularly clear as Steel Partners has interests in a number of businesses in different industries including manufacturing and banking — DO YOUR OWN DUE DILIGENCE).

Similarly, if a business's debt service coverage ratio is 0.8, this means that the business can only cover 80 % of its yearly loan payments.

If a business's debt service coverage ratio is 1.5, this means a business's cash flow can cover 150 % of its yearly loan payments.

Simply put, it shows how much cash a business has to cover its loan and other debt payments.

In commercial and small business lending, debt service coverage ratio (DSCR) measures a business's ability to cover its debt payments, such as loan payments or leases.

Whatever money that remains after expenses are covered is money that can go back into the business or used to make extra payments on bills to eliminate the debt.

Companies operating in industries that are exposed to a high level of business risk and uncertainty would generally prefer to maintain lower level of financial risk (by lower debt financing) and higher interest cover ratios.

If you went into debt to start your business, you should make sure your death benefit is large enough to cover those liabilities so they don't eat into the size of your estate.

A business journalist since 1987, he began focusing on consumer credit while covering debt collection for the Buffalo (New York) News starting in 1997.

Subject to this, business to business debts are excluded as are debts such as mortgage arrears which are covered by another protocol and tax and duties said to be owed to HMR&C to which CPR PD7D devotes itself.

In the event your business can't cover its debts, your personal assets may be seized to cover the shortfall.

The firm's practice covers, but is not limited to, general business law including investment law, corporate law (incorporation, company secretariat, due diligence in mergers and acquisition deals, liquidation etc), general commercial law, debt recovery, securities, intellectual property law, mining and energy law, telecommunication law, banking law, insurance law, aviation law, maritime law, employment contracts and labour disputes, as well as civil law (adoption, divorce, real estate transactions and probate law etc...) and immigration law.

Often negotiated at a time when the investment vehicle has no outstanding debt, sometimes the buy - sell provision contemplates only a disengagement of the parties» equity interests, but fails to cover off adequately other «investments» that may be made by investors on behalf of the business.

Because term insurance expires, it is usually used to cover debts and obligations that will be paid off over time, such as mortgage payments or a business loan with a personal guarantee.

You might buy the policy to cover debts or use as a form of coverage for your own personal business to cover expenses, debts and whatnot.

• Income Replacement • Cover Personal Debt • Business Purposes • Mortgage or Rent • Leave a Legacy • Funeral and Burial Expenses

Business Interruption Key Person Material Damage Commercial Vehicle Professional Indemnity Public Liability Statutory Liability Employers Liability Locum Cover Shareholder Agreement Insurance Debt Protection Loss of Revenue Not sure

They might use it to pay off the expense of looking for your replacement; if your death results in a loss of business, they can use the benefit to cover those losses; or if the company closes down, the benefit can be used to pay debts or severance.