"We are not going to make payroll this week" says someone from the accounting team to the entrepreneur(s) running the business. "WHAT! How the #$*! did that happen?" is the response followed by a series of emotionally charged words that would make anyone listening feel very awkward 😳.
Believe it or not this conversation is not unusual. In fact, any company that is growing and reaching new levels of revenue will most likely have a conversation like this a few times on their journey. Conversations like this usually lead to more conversations about the broken parts of a business that result in cash not being available to meet obligations.
But broken businesses can be fixed. How? Listen now to find out.
Click here to watch this episode on YouTube
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Growing your business? What you need to know about debt and equity
What does the collapse of Silicon Valley Bank (SVB) mean for business owners?
Use negative review to get positive results
How to find new revenue streams
How to get new clients and grow revenue
Why should employees be shareholders in your business
Some thoughts on buying out a business partner
How to get 100% out of your business
Grow a business that can run without you - Part 3
Grow a business that can run without you - Part 2
Grow a business that can run without you - Part 1
How business owners create value
How to use a recession to improve your business
How to sell faster
How to market your business faster
Why do business owners struggle?
How to set prices in your business
1 easy way to boost sales
How to buy a business - Part 3 of 3
How to buy a business - Part 2 of 3
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