The National Federation of Independent Business warns to watch out if your small business exhibits these six signs of potential trouble:
- Checking and savings balances have dipped below normal averages.
- The sales “pipeline” is slowing and sales staff is reporting fewer productive sales calls than in the past.
- “Bread-and-butter” articles of inventory have remained unsold for longer-than-expected periods.
- Payments to suppliers are continually delayed or put off altogether.
- Upper management retracts set plans for all types of growth and development requiring additional funding.
- Banks and other loan providers ask for additional information on financial statements and loan requests.
0 Responses to “Headed for Trouble”