Why Businesses Fail: Cost of Doing Business (CODB)
When a business is growing it is very easy to add costs. But what about when the music stops, business isn't growing at the rate it had previously and even worse growth has regressed. Suddenly, you have a higher breakeven, more fixed costs and not enough revenue to cover the costs. In this video we will explore how this occurs, how to avoid this scenario and what to do if you find your business in this position.
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