What to do?In the kerfuffle of starting and running a business it is very easy to be caught up in the thick of the thin. When you are forced to play the money game it is easy to forget why you started that restaurant, bar, construction company, race track, or HVAC contracting business. The mental and family pressures can be quite intense and not easily relieved.
So what to do?
Drop back 10 yards and punt.
A strategic retreat is designed not to give up but rather give time to re-strategize so as to more ably deploy resources and recapture the initiative. It's tough on the ego, but better to be a bit humiliated that forced to Chapter 11.
We can help. www.EricStoddardConsulting.com has more than 60 years of business leadership experience at your beck and call. That does not mean we are cheap.
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