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How to Restart a Company (Article Sample)
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Paper Title Author Name of the University Course Name/Number/Assignment Number Given the details of the events of the case, would you have made the same decision as the owner?Â If yes, explain why and if no, give your reasons. Presented with the very facts, I would have made the same resolution as the owner. However, I would fine tune my financial planning. I would endeavor to get all the details as pertains to what led to the closure of the company before acquiring its assets although it is claimed to have had financial crises. I would also try to understand the kind of relationship that existed between Premier Logistic and their clients and suppliers since poor relationship can affect current Barkleyâ€™s operations, as was the case in the end. It is factual that some people had nothing good to say about the previous company. By not getting a line of credit at the beginning of her business, Sauve made the right decision given that she already had $40,000 in credit card debts and spent all her saving. More debt from the bank would endanger her business and personal life. In my opinion, waiting for some months till the company started generating revenue and recouping its operational costs then securing the line of credit was a perfect idea. Sauve ...
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