It's not just the economy: when a company fails, the cause can often be found in its own backyard
Article Abstract:
Business failures should not be exclusively blamed on the economy. Although this external condition has not improved the situation of most businesses, internal factors also played a significant role in the failure or success of companies, perhaps even more so than the economy. Financial difficulties have been observed in companies with weak management, excess space, investment in non-core businesses, excess inventories, capital expenditures, lack of cost control and lack of a value-added function.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1995
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Going once, going twice ... putting a business up for auction works to bring the best price from would-be purchasers
Article Abstract:
An auction conducted with skill, organization and tact offers the best way to obtain the top price for a business that is up for sale. More often than not, private businesses give in to a purchaser's offer despite a price difference due to a loss of confidence. A controlled auction does not only guarantee the best price but its element of privacy ensures that operations will remain smooth during the process and employees will stay focused on their jobs.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1999
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