Risk Management and M&A Strategy
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.
Dealing with Financial Distress
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…