Quote:
Originally Posted by Debt_Advisor Hi,
All...
How do you cut back happening fixed cost to pay off debt?
Please share your suggestion here ...  | You cannot cut back happening fixed costs to pay off debts in a business as these fixed costs like rent etc enable the business to function. There is a way out though. You will need to have a working capital and a cash flow forecast done to determine the liquidity, efficiency and profitability of the business and that will highlight the excess expenses. The report will advise you on what you need to do to reduce your expenses to free up cash to offset debt. My company can provide that service for you. What's the turnover of business?
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