Monthly Archives: June 2013

Five Reasons Why Companies Fail

An article in the Houston Chronicle (http://smallbusiness.chron.com/businesses-high-failure-rates-61640.html) stated that,  “according to the U.S. Small Business Administration, 70 percent of new businesses survive at least two years, but that drops to 50 percent by the five-year mark and 33 percent at the 10-year point, with just 25 percent lasting 15 years or more.”  There are a number of reasons for this high failure rate but I would like to point out five of the more prominent reasons below.…

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Posted in Cash

Profits, but No Cash!

On more than one occasion I have had a business owner meeting me for an initial engagement explaining to me one of their major concerns described usually as follows:

“I simply do not understand what is going on.  My company consistently maintains good profit margins; however, I struggle with having adequate cash balances and maintaining positive cash flow. …

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Posted in Cash
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