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Showing posts from August, 2021

Start A Business

Becoming your own boss has sort of gained a global appeal. These days many people start up their own businesses for virtually any reason. Somehow it doesn't seem to count anymore what led people to go into business, going into business has suddenly become the new mantra of the 21st century. Obviously, there are several factors owing to this global trend some of which are; the emergence of the Internet, the unreliability of job security, the God-like attention given to successful entrepreneurs, the rise of the knowledge worker and so on. In the end, it's not the number of businesses that are being started that matters, but the number of businesses that thrives. Therefore, in this article I will be x-raying some of the ways how NOT to start a business so that in the end, you can have the right mindset needed to start a business. I welcome you to join me in this exciting journey and as you go through this unusual article I want you to constantly bear this in mind, failure in busi...

Distressed Business

The first step is probably the most important. It's critical to step back from the business to be clear where it is at. If sales are declining rapidly then that business will be very hard to sell. If sales are flat then that is good. If sales are starting to increase that's better. To help with this step, look at the cash flow. If a business has positive cash flow it has so many more options to a business that has no cash flow and/or no chance of this improving. avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars avocadoallstars