Save your Business?The economy is in the tank and there’s no sign of when things will get better. Some small businesses are doing well…and some are not. To do well now, or even survive, every business must review its market, its business practices and its finances. Big changes may be needed to realign the business for success in this market. And if the down economy has compounded previously existing problems, it may be time to save your business…before it’s too late.
I say before “it’s too late” because I feel really bad when I have to tell someone I can’t help them. They’ve waited too long. Sometimes it’s just too late – and there’s nothing left to work with. You don’t want to find yourself in that situation.
It’s important for business owners to identify the Warning Signs that spell trouble ahead. Unfortunately, many don’t recognize these signs early enough to take corrective action…before it’s too late.
So tell me: what is not going well for you right now? Would you answer “yes” to any of the following questions? Be honest. This is meant to help you take a hard look at your business. [Read more…]