How Companies Get Into Trouble Before a Recession
What common mistake do companies make in good times that leads to low cash flow - and bankruptcy - in bad times?
I had lunch with a friend who is the head of lending for a $4 billion financial institution. I asked him what he wished companies knew. In this video, I’ll:
- Reveal his answer
- Walk step-by-step through an example that shows what he warned about
- Show a way to better position a company before a recession