Debt and Your Small Business: Ensuring a Healthy Relationship

Rare is the business that doesn't take on debt at least once in its lifecycle. Small business owners, and especially entrepreneurs piloting fast-growing start-ups, often don't give borrowing the close attention it deserves.

As a Fool contributor and also an advisor to privately held businesses, I spend a lot of time thinking about balance sheet debt -- its uses, advantages, and traps. In this article, we'll look at an easy framework you can use to evaluate whether adding debt is the right action for your company.

Image source: Getty Images.

Source: Fool.com