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hi im jackie jackson and im going to talk to you about methods of restructuring small business balance sheets now when we talk about restructuring a balance sheet what this means is shifting around the way that youre using debt as a tool for funding your business for example you might have some large loans to some people that are due in the long term you might have some smaller loans either due to other people and you have to pay them back faster if were talking about restructuring with a small business usually this means that the small business is having problems meeting their debt obligations theyre having problems paying these people back so what you do is you look over all the debts all the people that you owe the money to and you restructure them you see if theres a way that you can shift how much money is owed during each period so the amount of money that you need to pay is manageable so that you can keep your business in operation unfortunately sometimes this is impossibl