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:
Known as The Growth Strategist®, Aldonna Ambler built and grew a suite of companies to help midsized B2B companies achieve accelerated growth with sustained profitability® A Certified Speaking Professional (CSP), Ambler has addressed over 2000 audiences and hosted a syndicated online talk show about growth strategies for 9 years. As a growth financing intermediary, Ambler raised over $1 Bil dollars for midsized companies. The winner of over 2 dozen prestigious national and statewide "entrepreneur of the year" awards, Ambler is available to speak about “profitable growth during any economy” and/or serve on the board of a growth-oriented privately-held company.

Leave a Reply

Growth Strategy Tip

Testimonials

What we were able to accomplish was nothing short of triumphant. And to do so in 8 hours is truly stunning.

Thank you for your energy and your commitment to our collective cause.

Sue Rehmus,
MSAA Board of Directors

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