Description

Book Synopsis

Throughout the author's career as a banker and business consultant, he has seen many examples of businesses that were doing just fine. They were profitable and growing slowly but surely, but then, the business owner decided that it wasn't enough anymore to simply grow slowly. What was suddenly needed was growth of 20%, 50%, or even 100% per year, just like the notable companies they see and hear about every day in the media. They began to try to grow the business and in a short period, a profitable and thriving business became unprofitable. Since the business was no longer profitable, it needed to take on debt to pay its expenses. After taking on more and more debt, the business reached a point where it could not find any more debt to take on. This circumstance caused the business to fail to pay its bills anymore which led to a financial day of reckoning.

It doesn't have to be this way. There is a more effective way to grow your business without causing it to become unprofitab

Ultimate Profit Management

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    A Hardback by Manny Skevofilax

    £48.73

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    Order before 4pm today for delivery by Sat 31 Oct 2026.

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      Book details

      Publisher Taylor & Francis
      Published 6/19/2024
      ISBN-13 9781032710945
      978-1032710945
      ISBN-10 1032710942
      Also in:
      Business strategy

      Description

      Book Synopsis

      Throughout the author's career as a banker and business consultant, he has seen many examples of businesses that were doing just fine. They were profitable and growing slowly but surely, but then, the business owner decided that it wasn't enough anymore to simply grow slowly. What was suddenly needed was growth of 20%, 50%, or even 100% per year, just like the notable companies they see and hear about every day in the media. They began to try to grow the business and in a short period, a profitable and thriving business became unprofitable. Since the business was no longer profitable, it needed to take on debt to pay its expenses. After taking on more and more debt, the business reached a point where it could not find any more debt to take on. This circumstance caused the business to fail to pay its bills anymore which led to a financial day of reckoning.

      It doesn't have to be this way. There is a more effective way to grow your business without causing it to become unprofitab

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