Growth problems Flashcards
1
Q
Why do internal communication problems occur?
A
- As size of workforce increases, there’s less face to face communication
- Takes a long time for messages to get through
- Less effective communication
- More mistakes made
- More wastage
- Higher average CPU
2
Q
What are signs of overtrading?
A
- You need to borrow more each month to get by
- Your profit margins are low
- Customers are making late payments
- A key supplier is getting nervous
- Your accountant is worried