4 signs a business crisis is coming
It's no secret that every company goes through various changes during its lifetime and it is very important to identify and analyze in time how positive or negative these changes are. This is, to make decisions at the right time and avoid what we know as business crises. Among the important factors affecting the viability of a company are innovation, access to credit, company size, financial structure, type of market chosen, among others. All of these are key elements in business development and undoubtedly determine the future of the company. Generally, companies have KPI indicators that allow them to monitor and improve their operations along the way. However, on several occasions, for various reasons, mistakes or failures are often overlooked, which can lead to a company going into crisis, assuming that they are on the right track. According to a study conducted by W. Weitzel and E. Jonsson at Cornell University in 1989, there are 4 prior stages that expose a company to the ele...