Force #2: Manage Debt Debt is generally not your friend. If not managed properly, debt will enslave your business and keep it from reaching its full potential. Once you have set aside your tax money, eliminate debt on your line of credit and remain current on any term loans. Lines of credit are like crack cocaine for businesses because it’s too easy to draw on them to solve cash-flow issues, rather than make the hard decisions that lead to improved profitability.
