Driven: How to Succeed in Business and in Life by Robert Herjavec
Author:Robert Herjavec [Herjavec, Robert]
Language: eng
Format: mobi
ISBN: 9781443404587
Publisher: HarperCollins Canada
Published: 2010-09-21T04:00:00+00:00
Five Serious Symptoms of Trouble
1. A constant shortage of cash to pay all bills in full when they become due.
2. A reliance on bank loans and overdrafts to keep the company solvent (it’s one thing to be short of cash because you’re growing like crazy; quite another because you are borrowing to fund operations).
3. A dramatic reduction in the owner’s (or proprietor’s or shareholders’) income and profits.
4. A constant concern about potential failure.
5. An inability to reduce the company’s debt position.
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