Hello, Leland:

I'm sorry to hear of the struggles in your business right now.

Some quick questions:

1. Have you made money (a profit) in your business in the past?

2. What do you think are causing the problems? Lack of customers and problems with marketing? Competition? High expenses? Or what?

3. What is your business? How long have you been operating it?

If you write down and post a reply, we will be able to point you in the right direction, possibly.

In the mean time, have you been to see the free SCORE counseling people (a nationwide organization of skilled, experienced retired business executives)?

SCORE SE Wisconsin
310 W. Wisconsin Avenue, #425
Milwaukee, WI 53203

Phone: (414)297-3942
Fax: (414)297-1377
http://sewisconsin.score.org/chapters/score-se-wisconsin

You can also get free help from the Small Business Administration/SBDC in Milwaukee?

Tim Peterson
Small Business Development Center Director
University of Wisconsin - Milwaukee
161 W. Wisconsin Avenue, Suite 6000
Milwaukee, WI 53203

Phone: 414-227-3101
Email: timp @ uwm.edu
Web Site: http://www.sce-sbdc.uwm.edu

Cordially,
John Walden edit

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Sometime ago, I came across this site..VCgate.com...Don't know if they're effective in your kind of problem, but worth visiting..

Also you may consider seeking a partner who will help you with alternative ways to keep your business from drowning and be sure to give this partner his due when things get better...Two heads are always better than one... edit

Ok.. your business is hemorrhaging for cash flow and can't breath.
The loan sharks have swarmed around you now that you've stirred up the water.

I advise you to look at your personal cash flow statement in correlation to your business financial statement.

Let the numbers talk to you.
If its in negative territory it may be unrecoverable and better off to shut it down, until you fix your personal finances in a few years.

Be honest with yourself and keep it to yourself.
The cynics will be waiting for your failure but you will understand it simply as a stepping stone of lessons acquired.
Experience is gained by these circumstances and it will remind you of what not to do on your next business venture.

There is always another chance at success.

P.S. Beware of using Credit, it is like a loaded shot gun with no Safety.
edit

Hello Leland,

Not sure if you got your situation resolved, but we could help you either get back on track or even start a new business? We specialize in funding startups, no financials or collateral needed.

www.BizFundingGroup.com

Thanks!

Vatt edit

Hello Leland. If you are still in need of help, our Business Incubator can possibly help you with this issue so that you dont have to close your business if you havent already. If you have, we may have resources for you to get going again. Email me at ajones@ab-consultingsolutions.com edit