Financial situations

Financial situationsEarly warning signs

Sometimes, we do not immediately recognize financial difficulties, or we refuse to recognize them. Some signs that point to your business’ future finances are:

  • Losing one or more important clients
  • A marked diminishing of business volume
  • Aggressive competitors
  • A decrease in the general market
  • Important increases in production costs
  • High rate fixed taxes
  • Lack of cash flow
  • Major technology problems
  • Buying out a overly high priced competitor
  • Important business threats: environmental problems, law suits, client or financer bankruptcy
  • Frequent absences or loss of key employees
  • Elevated debt to income ratio
  • Outdated financial information.

It is important to act as soon as you recognize an early warning sign of financial difficulty. By consulting a trustee, you are finding out if these things need to be looked at more closely.

A member of our team will happily help you regain control of your financial situation. Take a first appointment now, it is free and confidential. Contact a member of our team
Any questions? 1-855-779-3700

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