Schlueter Ecklund & Davitt
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April 2018 Archives

The importance of flexibility when it comes to exiting a business

Entrepreneurs in Illinois and throughout the country should not be afraid to get creative when it comes to creating an exit strategy. In some cases, selling pieces of a company over a period of time can be more effective than selling the entire company in one transaction. By selling in pieces, it may be easier to offer investors larger returns while also maximizing cash flow.

Medical debt can overwhelm family budgets

Overwhelming debt can make life extremely difficult for many families in Illinois. Not surprisingly, one of the biggest contributors to insolvency is medical debt. Almost half of the respondents to a 2017 Federal Reserve survey noted that they had received at least one medical bill in the past year that they could not pay.

Schlueter Ecklund & Davitt
4023 Charles Street
Rockford, IL 61108

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Phone: 815-516-8264
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