Company Advice

[lee dogg]

Ny company is struggling at mo, cahflow from old debts, trading profitably month by month. Would like some kind of troubleshooter to come in and help straighten things up. Can any one suggest where to start, please!!

[2 sMoKiN bArReLs]

I bet your instincts are better.

1) Poor cash flow & old debts, what's wrong with the debts?
2) Are they just slow, or is there an underlying problem?
3) If just slow, how do you apply pressure? and then follow it up?
4) If there's a problem with your goods/services delaying payment how do you resolve it?

[2 sMoKiN bArReLs]

Point 4) is for the medium term, to stop it happening again. If there's been a problem do a deal to generate some quick cash.

With regard to consulutants:

There's any number of people who will relieve you of cash, to tell you what you already know.





>> Edited by 2 sMoKiN bArReLs on Thursday 26th January 20:59

[srebbe64]

If you want to email me through my PH profile, giving your email address, I may be able to give you some advice. I assume that you've had one or two bad debts - you'll need to elaborate on that somewhat.

[sb-1]

We are much in the same boat to some extent.

Having said that,there a few positive signs on the horizon.

>> Edited by sb-1 on Friday 27th January 10:41