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Every Business Has An End Play. What's Yours And Are You Prepared?
Every business has an end play; Whether or not it is well planned, or not thought out at all is the question, but something will eventually happen to it. Here are some examples: You sell it, you pass ownership to a trusted deserving employee or to a family member. You may decide to close the doors and move on, or an unmanageable debt load can take control out of your hands, and lead inexorably to default and eventual bankruptcy. One of these events will occur. The question is, are you preparing for the eventuality?
What to do? A Debt Workout; the fourth pillar of our Four Pillar debt workout and turn around strategy.
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