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SMALL BUSINESSES BEWARE!

So you have started your own business - congratulations! Now you have the challenging task of growing and managing this business. Surely, you have the expertise in the chosen theme of your business, but even more importantly, do you have the skills and experience necessary to properly and efficiently manage the day to day operations?

In this day and age, it is sometimes hard for the small business to stay afloat. It becomes harder and harder to collect the outstanding receivables causing a cash flow issue. Before you know it, the payables are past due, it becomes harder and harder to find the cash needed to cover the weekly payroll, and possibly, there is an outstanding tax liability the the IRS is trying to collect.

I mention these items because there are Management Consultant Companies out there who thrive because of the small businesses who are in trouble. There are two such companies that I am aware of ...

International Profit Associates &
The George May Company

This author has had personal experience with International Profit Associates and unfortunately the outcome was the same as it has been for many other small business owners. I was suspicious from the start, and as it turned out, I was right all along. You can check out a listing of consumer complaints against IPA by going to www.ripoffreport.com.

In conclusion, when you are a small business owner facing financial difficulties, do some serious investigating of any company that promises they can double your bottom line or your don' pay. It is highly advisable to rely on the recommendations of your accountant and legal counsel for issues pertaining to your small business.

Learn more about this author, Jill Sznajder.
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