Showing posts with label Ruin. Show all posts
Showing posts with label Ruin. Show all posts

Thursday, May 28, 2015

7 Bad Decisions That Can Ruin Your Business

7 Bad Decisions That Can Ruin Your Business
Most bad decisions won't ruin your business, but these seven can be deadly.
Jose Vasquez - Over the course of your time as an entrepreneur, you're going to make some bad decisions. It's inevitable. Fortunately, most of those bad decisions are fleeting, with short-term consequences but no real lasting damage to the integrity of your business. However, there are some major decisions that can potentially spell the end of your enterprise--even if you attempt recovery after the fact.

In your business, make sure you steer clear of these seven terrible decisions:

1. Ignoring Cash Flow. Cash flow is your business's pulse--without positive cash flow, your business literally cannot operate, so keep a close eye on it, especially in the first few months and years of your business's development.