4 ways that startup companies spend themselves out of business

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You’ve seen it too many times before – the free-spending startup company which burns through their funds like a cocaine addict on vacation in Columbia. It’s ultimately a sad tale, with great potential often wasted, many jobs lost and multiple lives hurt. But it is sometimes hard to feel sorry for the management teams that … Read more

Turnaround of a SMB company close to insolvency

CONTEXT A SMB company acting in ophtalmic lenses had to face a critical situation: Lack of cash, increasing delays for paying the suppliers Sales volume decrease Frequent delays in products deliveries High level scrap rate (14 %) Lack of manufacturing space An equity fund having invested in this company asked to the owner-president to hire … Read more

22 POINT PLAN FOR SUCCESS

Times are generally tough for most Businesses. Also, the reasons for the demise of companies was probably weak management, lack of management accountancy information, lack of adequate response to change, over trading i.e. the BIG project and high gearing plus normal business hazards and investors pumping money in without understanding the changing market place. Industry … Read more

Adding compelling value to business processes

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Business processes: How to reduce cost with Nano technology In times of financial prudence, credit scarcity, retrenchment, solvency risk and everyone demanding more for less, how can business organizations improve their business processes and grow their profits? How can compliancy in best business practice mean reduction in facility costs? Are there still opportunities to do … Read more