Buchanan Clarke Schlader, LLP Indianapolis

BCS is a national CPA firm specializing in forensic accounting and economic loss analysis. Our firm is often retained in insurance matters, including property, liability, fidelity, and business interruption losses as well as other economic claims requiring investigative accounting expertise.

Saturday, January 1, 2005

Causes of Business Failure

· Loss of key personnel
· Loss of major customer
· Unfavorable union contract / strikes
· Uninsured losses
· Obsolete products due to changing technologies
· Poor local or national economy
· Poor management
· Outdated or inefficient operations compared with the industry
· Investments in unsuccessful operations
· Business acquired by individual without sufficient knowledge of the industry
· Lack of necessary market for products or services
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)