Overview

The U.S. Small Business Administration reports that approximately 40,000 businesses close their doors or file for bankruptcy each month. Many of these companies were mired in debt and didn't have a viable plan to work out of it.

In conjunction with the Association of Small Business Development Centers, Corporate Turnaround offers these resources to help:

• How to Pay Business Debts You Can’t Afford 
• The 27 Biggest Mistakes to Avoid When Negotiating Business Debts (PDF or video tutorial)

Don’t become a statistic. If your business is experiencing problems with debt, contact your local Small Business Development Center. SBDC assistance is proven to help businesses survive.

Business Survival Events

In this economy, you're likely facing new challenges. The Pennsylvania SBDCs offer business management events to address issues small business face in everyday operations. Get help with locating new customers, managing finances, and planning for future growth.