Monday, February 8, 2010

Failure can be added up

Isn't it interesting that many of the company failures somehow get tide back to financials.

So what's my point.

Financials are perhaps the least interesting document for most management teams. Most view with as much interest as visiting the dentist. But this lack of interest may have cost millions.

Think of it this way. What is the least exciting amoung the two? An invoice from your lawyer handling a case of embezzled funds by your previous employee or reviewing your current cash flow statement.

Have a great time with the financials.

Denise D Johnson
EDALS Consulting
Business Strategist