Six (6) events that should make you re-think your business strategy!
- It’s close to the end of month your bank balance is close to zero again and you still have Salaries and Rent to pay.
- For the last year you have been paying only the minimal balances on your business credit cards.
- You depend on your suppliers to tell you how much you owe them.
- Your idea of a filing cabinet is a big black garbage bag.
- Your best employees are leaving you for better opportunities.
- Your high value stock items appear to have taken permanent residence at your place of business.
If you find your business in any one of these circumstances and you are unsure of the cause you should consider consulting with an objective, independent and financially literate individual like an experienced accountant or a business person who may be able to offer you some solid advice to put back on the right path.