High ratio of bad debts

High ratio of bad debts Is this caused by: (a) Taking on too many risky clients? (b) Not providing the services promised? (c) Or not chasing the accounts quickly enough? (a) If it from taking on too many risky clients, this could arise from the existing risk strategy...

Products spread too thin

Products spread too thin Many companies have an amazing array of products to cover every perceived need and situation. But maintaining a wide product base can be very expensive. Problem Depth...

Insufficient capitalization

Insufficient capitalization (a) If the problem is poor cash flow, realize that negative cash flow is a ‘normal’ problem for a company in the Baby stage of corporate evolution (or a start-up).It requires the continued dexterity of management to deal with it. It will...