What happens when financial planning fails?
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grenville
Apprentice
Joined: 19 Apr 2008
Posts: 3
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 Posted: 06/17/08 - 09:54 Post subject: |
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| Are there any people here who have experience with failed financial planning, and balance sheets that look a lot different than they should or were projected to look like? This is in any case a very tricky point in a company's life, but the question is where to go from there. |
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brinn
Apprentice
Joined: 18 Sep 2007
Posts: 3
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| Posted: 07/17/08 - 00:43 Post subject: |
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| The company in question would have to look at very drastic and radical steps to save the financial situation and prevent it from getting worse. After all, if the situation continues, that could easily result in bankruptcy. However at this point in time there is still plenty you can do to turn things around. |
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