What to do when the future of your business is unclear

by Ronald Manalastas

It is an intricate exercise to pinpoint what measures can be done when the future of a business is unclear. The issue represents a crossroad situation requiring no-nonsense technical and intuitive analysis. The challenge c...read more

by Jack Mcdonnell

READY, FIRE, AIM How do you know when you are really in business? For the past two years I have been consulting with small business owners, all of whom wanted to borrow money or raise equity for their business ...read more

by Paul Lines

If the future for your business is unclear, it is time to pause and take stock of the current situation. You will need to analyse every aspect of it in order to create a feasible strategy for the future. The first aspec...read more

by Marco Angioni II

There may come a time in the life of your business that you do not have any direction or specific plan. This can be a scary time because many times business revolves around adapting to the current economic situation, deve...read more

by Peter Messerschmidt

When your business faces an unclear future, it becomes especially important to frequently assess and RE-assess the sitution. And above all, you must remain OBJECTIVE about the developments unfolding around you- something t...read more

by Stephen Folan

First of all, don't do anything rash. You should determine why you think that the future of your business is unclear and act accordingly. Is it something that you can affect by reorganising, refocussing your efforts, ch...read more

by Don L Price

What is the Greatest Challenge You Face in Life & Business? How would you answer that question? Before jumping to an answer you might consider that the greatest challenge you face in life and business is in making daily c...read more

by Auctionwally

Here are quick, clear, concise steps to take when the future of your business is unclear. 1.) Analyze 2.) Review Options 2A.) Sell your business in toto: Before you do this, make sure to get your business in the b...read more

by Hal Lillywhite

So, you recognize that the future of your business is unclear? Congratulations! You are ahead of the pack. Many people fail to notice that problem. The future of *any* business is, to a greater or lesser degree, unclea...read more

by MP

Just answering the question and not reading anything into it, I'll have to push in the direction of professional assistance. In the form of free help first then pay for help if you are able. If you can not afford assista...read more

by Alfred Nylund

One word: Switzerland. That's right, get your affairs in order and get ready to jump ship and head to Switzerland when your business looks like it's about to tank. I think people today need to be a lot more willing t...read more

by Julie Allison

It depends on the nature of your business and your finances. Have you marketed correctly and have you spent wisely during this first year? Is it a business which requires more than a year to establish a reputation and cus...read more

by Prosant Aikat

Manufacturing Impasse in the Developing World? Factories have changed steadily from the 18th century cotton mills to today's "robot" controlled shop floors. Through all this remarkable progress the basic concepts o...read more

by Machelle Williams

I am currently employed in the beleaguered automotive industry. Worse yet, I am working in and own a home in the Detroit metropolitan area. There is not one family in this region that has been affected by the massive layo...read more

by Amber Breen

MY husband started a transmission shop 15 years ago. Everything seemed to be fine until the war. Most of our bussiness were military individuals. When they were all sent away, we had no bussiness. We were stuck with people...read more