Illustration: John Shakespeare.
For a second, suspend the bullish self-belief every entrepreneur needs to get through the day. Weigh up whether your business has much of a future.
Then there are the warnings that America's “fiscal cliff” – a raft of looming tax rises and spending cuts - could have global repercussions.
Scary stuff. Here are 10 nitty gritty warning signs to help you decide if your business is doomed.1. Products you invest in materialize late
Potential threats that can cause your dream to stall abound.
2. You have an internal ownership crisis
3. You have lost touch with technology
4. Key staff are leaving
5. A key client collapsed
6. Management just got a pay rise
7. Next year's fiscal targets are dramatically up
8. You slashed your charity budget
9. You are reliant on a healthy economy
10. You can't sleep
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The purpose of this blog is to help you become a leader in your industry. I provide management consulting for those with any type of business problem. If I can't help you I'll find someone who can. Visit me at my website www.innothinkgroup.com or call me 719-266-6703.
Tuesday, February 19, 2013
Ten signs your business is doomed
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