See what Capital Tactics can do for you in 2022!
The longer a deal drags on the more likely it is either side will have second thoughts or the external environment can change.
Risk can be considered in two dimensions: the first is risk due to external forces: customer problems, supply chain backlog, employee problems; the second is risk due to action or inaction by a business owner.
Overcoming financial distress for the business owner can be enormously challenging. And frightening. Many businesses tilt and run low on cash. Doing nothing in such a situation is like running on a treadmill, going nowhere fast. And this almost inevitably leads to failure. Far too many business owners have suspended operations and liquidated their companies, only…