Posts Tagged ‘business finances’

Source: iStockphoto

By Eduardo Carajal, special contributor

You could be bankrupt right now, and not even know it.

Many businesses find out whether they’re failing financially 6 months after the fact.

They operate for 6 months without taking any corrective action, either through ignorance or because of fear of shutting down an operation that has become their daily routine, a way to keep busy and escape idleness.

Whatever the reasons for ignoring this unfortunate situation, the more it is ignored, the larger the problem becomes, like a growing snowball rolling down a slope.  Read more... (381 words, 1 image, estimated 1:31 mins reading time)