Ep 188: Most failing businesses are failing at one thing, not twenty
About this episode
Stuart and Mena discuss how struggling businesses often fail due to a weakness in one of three key fundamentals rather than multiple complex issues.
Send us Fan Mail When a business underperforms, owners tend to assume the cause is complex and set about fixing everything at once. It feels productive, and it almost always fails. Stuart and Mena open with a contrarian claim: struggling businesses are far simpler to diagnose than their owners think. The trouble usually traces to a weakness in just one of three fundamentals. They lay out the three "killers" plainly. First, the revenue you don't keep: thin margins can make a business look heal...
More episodes of The Holistic Accountant
- Ep 189 : Does anyone actually want what you sell?
- Ep 187: Why We Retired "The Holistic Accountant"
- Ep 186: The Holiday Test: Can your business run without you?
- Ep 185: Warning- Asking for feedback and ignoring it is a liability
- Ep 184: Stop hiring on gut feel: a scorecard process that works
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