Close your business as soon as warning signs appear getting closer
- Don't wait. Don't bleed anymore. Close the business when you see a trend of:
Falling sales, being late on payments, being cash-light all the time, permanent overdraft, over-reliant on a couple of big customers who have started to exploit the situation, notice after notice, etc.
- Before you close, make a note of these (and solutions): Liabilities, guarantees you have signed, bankruptcy arrangements, creditor negotiations, etc.
Thank you for reading.
This guide is from The Success Manual, which contains 200+ guides to succeeding in business, career and personal life. Get the pdf ebook for $12 only.