Continued from page 1
2. You are overtrading by selling more than you are capable of dealing with financially.
3. You have excessive short-term debt. 4. You are missing discounts on your payables or you are paying them beyond stated terms.
5. You are collecting your receivables slowly and outstanding receivables are piling up.
Jeff Schein is a CGA and offers advisory services in the areas of business planning, business modeling, strategic planning, business analysis and financial management for new ventures and growing small businesses. Visit www.companyworkshop.com or mailto:jeff@companyworkshop.com