Finance & Administration

Here are the top four reasons business owners say they failed at their business:

  1. Poor strategic management of the business
  2. Inadequate cash flow or high cash use
  3. Trading losses
  4. Poor financial control, including lack of financial and other records

If we step back in time, let’s say 3 decades, the reasons cited by business owners as to the reason they failed would include the following four:

  1. Poor strategic management of the business
  2. Inadequate cash flow or high cash use
  3. Trading losses
  4. Poor financial control, including lack of financial and other records

My point is this, these reasons are always offered by business owners.  We can help you work through financial controls, record keeping and administration.

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