HOW TO SAVE MY BUSINESS. HOW TO SAVE MY BUSINESS. HOW TO GET BANK FINANCING. HOW TO GET CREDIT. ARRIAGA ASSOCIATES BUSINESS CONSULTANTS EXPERTS ON FINANCE AND BUSINESS REFLOATING
How to save my business. How to save my company. How to get bank financing. How to get credit.
Original In Spanish: http://www.arriagaasociados.com/2011/08/30/como-salvar-mi-negocio-como-salvar-mi-empresa-como-conseguir-financiacion-bancaria-como-conseguir-credito-arriaga-asociados-consultores-expertos-en-financiacion-empresarial-y-en-reflotamiento-de/
A business may be in crisis for several problems. Maybe the business itself does not work, do not sell or get the results you expect. You may also have difficulties because they have liquidity problems because banks do not provide the funding you need, customers delay payments, increase defaults or because providers do not trust and reduce risk.
Sometimes the root of the problem may be a mistake in strategy. This strategy could be good before, but maybe before changes in the environment should be reformulated. There is usually enough to control costs and overheads. These measures correct part of the strategic mistakes but they do not generate future successes. And waiting can be very dangerous.
The lack of liquidity may be rooted in the lack of profitability and lack of self-financing company. Lenders, little given to fund in times of crisis, are still less willing to lend money when the company have no ability to pay back the debt.
Yet all can be corrected soon. You can still save the company, can save the business. What to do:
Should be reviewed with new eyes the business strategy. We say that the bussinesman has to reinvent and have to reinvent the company. I could hardly the company and the entrepreneur himself. Consultants need help. And to help you find opportunities and they can be exploited soon.
Once it has been possible to define a new path, a new strategic direction, the results can change any time soon. For example, Arriaga Associates helped to better identify the buying behavior of individual customers and, although sales increased, they improved margins and customer loyalty. In another decision was made to produce backward integration of the production of certain suppliers, which increased the gross margin advantage of the idle capacity of the company.
With better performance, with good prospects could better negotiate with financial institutions. Especially if these financial institutions have borrowed money before. If the company has a future banks will want to help even the least to save their investment. Arriaga Associates, In one case a company, he helped obtain the needed financing and refinancing the debt prior to the pressure that made the banks to apply for a bankruptcy.
And a company needs to be saved, that their managers do not feel alone, who are trapped in the loneliness of leadership. Arriaga Associates is offering consulting, training and coaching for managers to exercise these as genuine leaders and so regain the confidence of his team.
Today, entrepreneurs and managers need to return to exercise that leadership that gives confidence to the team. The success then they will soon arrive.
Arriaga Associates, experts in strategy, finance and strategic marketing. Experts bailout of companies.
Maria Jesus Ruiz de Arriaga RemÃrez
Lawyer, economist and consultant. Associate Director
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