WHAT YOUR BUSINESS CAN LEARN FROM GOVT BUDGET SHORTFALLS: Thinking It Can Never Happen to You

LinkedInTwitterGoogle+FacebookShare

When you read the first 3 entries in this series of blogs about NJ’s budget crisis, did you conclude that

-           those problems could only happen to the government?

  • What about General Motors? Bethlehem Steel? Lehman Brothers? 60% of new businesses?

-          elected officials value power and control more than business leaders?

  • What about the fact that 98% of all privately held businesses remain “micro-sized incorporated careers”?
  • What about the glass ceiling? Corporate politics? Insider trading?

Ignoring the Numbers and Borrowing Against the Future During Good Times

Ask yourself if your

-          current financial stresses could have been moderated if you too hadn’t assumed that the good times would just continue

-          routine includes in depth analysis of causal trends rather than just results-focused percentages

Avoiding Conflict and Hoping to be Rescued During Bad Times

Ask yourself if you are STILL not addressing your

-          friction between business partners
-          over dependence on a key leader or a few large accounts
-          chronic recurring profitability or cash flow problems
-          when and how to replace a long term unproductive or disruptive employee
-          unrealistic revenue projections in your proposals to outside investors

Resisting Consolidation and Forcing Disaster Today

-          Ask yourself how bad things must get before you will learn more about:

  • how acquisitions, asset purchases, joint ventures, and mergers really work
  • succession strategies, equity deals, ESOPs, and IPOs
  • alternative business models
  • new approaches to market research to reduce your risk of being blindsided
  • how to recognize complementary companies and become an attractive partner

5th in a Series –

About Aldonna Ambler:
Aldonna R. Ambler, CMC, CSP has earned the right to be called The Growth Strategist®. She built a suite of companies to help privately held B2B midsized companies with Achieving Accelerated Growth With Sustained Profitability®. A Certified Professional Speaker (2,000+ speeches), Ambler has a 9 year run as an online talk show host. A positive force for economic development, she has raised several billion dollars as a growth financing intermediary. The winner of over two dozen prestigious national and statewide “entrepreneur of the year” awards, Ambler is available for keynote speeches and service on growth-oriented privately held company boards.

Leave a Reply

Growth Strategy Tip

Testimonials

I am so grateful to have worked with Aldonna. Her guidance helped our company build a practical plan. We’re still growing and still using the tools she taught us!

Jodi Ferrer
The Perfect Promotion

Schedule a FREE initial consultation with Aldonna to find out how she can help you work through your challenges and take your business to the next level. Click Here