Rapid growth can bankrupt a company. As businesses acquire more customers, cash flow and forecasting become harder to manage, and the strain can lead to collapse even when sales are booming.
I really love that phrase, fail from success. And that's one of the things that we see so often in working with companies is they've been successful, which has sort of gotten them to a certain spot. But, you know, one of the things that we actually see is if they aren't paying attention to, you know, some things like, you know, more customers can actually bankrupt them because of cash flow issues or cash forecasting issues.
How Can You Maximize Your Business Value Before Selling? with Randy Katz Video
