During the past several decades numerous issues impacting small businesses have changed dramatically. For many years the investment concept of "No Money Down" was offered by financial experts as the smart way to buy a business or a home. This ended up causing many homeowners and business owners serious problems when real estate values declined severely as part of a banking crisis.
One of the biggest lessons learned from this volatility in residential and commercial property values is the critical importance of reducing debt rather than increasing debt whenever possible.
