Balancing Vendor Payables With High-Interest Debt: Expert Advice for Business Owners

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Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Joseph Meuse

On a recent Price of Business, Host Kevin Price visited with Joseph Meuse of Business GPS LLC.

In this segment of The Price of Business, host Kevin Price speaks with business consultant Joseph Meuse about strategies for navigating financial distress when balancing vendor payables against high-interest debt. Meuse emphasizes the importance of open communication with vendors, prioritizing vital business relationships, and negotiating temporary 30-to-60-day relief rather than attempting short-term fixes that compromise long-term stability. He highlights how bringing in an objective third-party expert can help rebuild trust, relieve stress for business owners, and create sustainable recovery plans to keep businesses operational.

 

 

After yearson Wall Street, Joseph Meuse created Business GPS because he was looking to use his experience and business acumen to help struggling businesses. Enter COVID-19, and his company is helping hundreds of businesses get government loans, decrease their commercial rental payments, negotiate their loans to better terms – all on contingency.  It is a unique business model, where Business GPS gets paid at the end of the process.
A serial entrepreneur over the past 30 years, Mr. Meuse has started and built over a dozen successful businesses and in the process has also helped thousands of other US companies execute on their business plans. Sectors of experience span financial services, investment banking, accounting and finance, IT, business consulting and legal services, giving Joe a broad perspective on best business practices and how they can be most effectively transferred across categories.  As a thought leader in business transformation and financial management, Mr. Meuse has been a regular contributor on TV and radio, including CNN, CNBC and Fox.

Learn more at https://businessgpsllc.com/.

 

 

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