Living History: Past Lessons Learned From Near-Bankruptcy Help During the Recession
How one remodeler's brush with bankruptcy in 2003 has helped his business weather the current economic downturn.
Pulling out of a financial hole
In 1999, Stephen L. Nash of Upscale Remodeling in Freeville, N.Y., began taking his eight-year-old company to the next level. He moved from his home office into a rented space and hired two salespeople and an office manager.