The signs of Business Stress
When focusing on the day-to-day operation of your business it can be very easy to miss the early warning signs that the overall health of your company is suffering.
Just looking at the balance in the bank and having some vague appreciation of your future cash needs is often not enough to ensure your company’s future security.
So what should businesses be looking out for when trying to identify whether their business is experiencing stress?
At Gibson Hewitt, we have put together a useful checklist to see whether your business requires help.
If any of these characteristics match issues within your own business then it may be time to act to prevent further complications and the risk of insolvency in the future.
If you are unsure whether your business is past the point of recovery and requires more formal insolvency proceedings, try our Insolvency Test.