About the Course
Bad debt is one of the most dangerous threats to a business.
For many businesses, it creeps in slowly. Missed payments here, unpaid invoices there—until one day, the business is drowning.
Bad debt doesn’t just affect the financial situation of your business. It weighs down the business, affects growth, and can even damage your reputation with suppliers, banks, and customers.
This course is designed to help your business break free from the debt trap. You’ll learn how to diagnose the level of risk your business is in, identify the biggest red flags, and implement a recovery plan that stops the bleeding and sets your business up for growth and profitability.
You will learn the negotiation strategies that can help you handle creditors, banks, and suppliers without fear.
You’ll also learn what loan repayment approaches actually work in the real world and how to avoid the traps that make things worse.
If your business is currently struggling with debt, or if you want to prepare yourself against the possibility of indebtedness, this course will equip you with the tools, mindset, and strategies to turn the tide and get your business back on the path to profitability.
What will you learn?
By the time you complete this course, you will know how to:
Distinguish between good debt and bad debt, and understand their impact on your business.
Identify and understand the most common causes and types of debt that trap businesses.
Apply the right mindset shifts that will improve your chances of recovering your business from the burden of indebtedness.
Conduct a debt diagnosis to assess your situation and create a clear roadmap for recovery.
Implement proven strategies to stop financial bleeding, regain control of your business, and settle the outstanding debts you owe.
Negotiate effectively with creditors, banks, and suppliers to secure favourable repayment terms.
Avoid common mistakes and traps that make debt problems worse.
Who is this course for?
This course is valuable for:
- Small Business Owners: If your business is weighed down by loans, unpaid bills, or supplier credit, this course shows you practical steps to take control.
- Entrepreneurs in Crisis: If you’re already in debt and unsure how to negotiate your way out, you’ll find clear strategies to rebuild.
- Financial Managers & Controllers: Gain insights into diagnosing debt risks early and learn how to help a business recover from indebtedness.
- Aspiring Business Owners: Learn how to avoid the mistakes that lead to debt traps, so you can build a debt-smart business from the start.
Course details
- Format: 7 pre-recorded lesson videos. Available to watch now on mobile, laptop, or desktop.
- Flexibility: Watch whenever you want, wherever you are. Learn at your own pace. No need to attend live classes.
- Length: 3.5 hours. Full and comprehensive course.
- Access: Members only. Only members of the BMG Academy can access this course and dozens of other courses by John-Paul Iwuoha. Click here to become a member.
- Q&A: Use the comments section below each lesson to ask questions, and get feedback and answers from John-Paul that are tailored to your situation.
- Price: See price here.
Click the button below to join the BMG Academy and take this course.
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About the BMG Academy
The BMG Academy is a platform by Activator HQ for entrepreneurs and business owners who want to learn, grow, and win in business.
With access to dozens of detailed business courses by John-Paul Iwuoha, our members learn how to start or grow a business, attract and keep customers, boost sales and profits, raise funds from investors and banks, outsmart their competitors, develop structure and systems, fix tough business problems, and exploit market opportunities.
Click here to learn more and join us in the BMG Academy.
About the Trainer
Read John-Paul Iwuoha's Profile:
John-Paul Iwuoha is a management consultant, trainer, and former consultant at PwC.
He specializes in business startup, growth, and turnaround strategies, and has helped dozens of entrepreneurs and business owners start, build, and grow their businesses.
He has qualifications in Finance, Business, and Engineering (Mech.), and he is a Chartered Certified Accountant (ACCA). His industry experience covers financial services, tech, agribusiness, energy, manufacturing, retail, real estate, and more.
John-Paul is sought after for his expertise, insights, and advice. He has trained over 50,000 entrepreneurs trained since 2013.
He was a judge for the Africa Business Heroes Prize (2022 & 2023), a mentor on the Tony Elumelu Entrepreneurship Program, and a director & advisory Board Member for six companies.
He is a LinkedIn Top Voice for Startups and Entrepreneurship and has been featured on several local and international media platforms, including CNN, HuffPost, Fidelity SME Forum, Business Day, TAP Magazine, VOP 90.3FM, etc.
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