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Warning signs of troubled companies. (Business Credit Selected Topic).
Imagine a crystal ball could be used to select lottery numbers, horse races, the stock market or in the case of credit executives, when will there be another high profile bankruptcy and who will be involved. I the last year, answering the who question when it came to Ames or Kmart wasn't that difficult; let's explore how to better zero in o the when.
There is a fine line between maximizing revenues and being on the 20 largest creditor list. The key to successfully walking this line the ability to not only recognize but also react to the warning signs of troubled companies The emphasis is on the word "react" because is often easier to spot a red flag than it is ...
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Source: HighBeam Research, Warning signs of troubled companies. (Business Credit Selected Topic).