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If your company is experiencing any of these problems, check with an accountant in your area:

1. Poor financial reporting

2. No strategic plan

3. Dependence upon borrowed funds

4. Overburdended management

5. Lag between sales growth and profit growth

6. Poor financial forecasts

7. Late with payroll/tax deposits

8. Inability to change, adapt and upgrade

9. Inability to recognize company shortcomings

10. Poor to no cash management

When these things are present, it would be a good idea to discuss some strategies with your accountant about possible options to help keep your business operating.

Copyright Jeanine Pfeiffer


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