With figures out this week showing corporate insolvencies soared by 9.2% last year, it’s clear that Australian start-ups are operating in a tough environment.
Your business’ chance of survival is significantly boosted if you spot early warning signs, such as a decline in sales or a decreasing gross profit margin.
Today, business advisory guru Greg Hayes highlights the 11 key danger signs that your business’ days could be numbered. Make sure you check out the list to help avoid a 2012 collapse.
Meanwhile, Pollenizer chairman Tony Faure explains what kind of return investors are looking for when they back a start-up and we profile Melbourne Lifestyle Management, a new concierge service that is aiming to grow on the back of economic uncertainty.
Finally, have you downloaded our free eBook, sponsored by ANZ, on the 10 ways to avoid a cashflow crash? If not, click here for your copy.