The real cost of business collapses

The many thousands of Australian businesses which fall over the cliff each year impacts the economy by billions of dollars. The social consequences are also severe, including bankruptcies, stress, layoffs, unemployment, and even suicides. To avoid collapse, Michael Fingland, CEO of Vantage Performance, says businesses should regularly assess their financials, identify critical KPIs, and confront the brutal facts. It is important, he insists, for directors to seek outside help and for stakeholders to nudge them towards seeking assistance. Vantage Performance –

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The real cost of business collapses is an episode from Vantage Performance Podcast by Turnaround Management and Business Resilience.

This episode is 13:47 long.

This episode was published on Apr 24, 2024.

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