- TypeWorkshop
- Location Calgary, Alberta, Canada
- Date 08-11-2023
Business Development
Why do so many companies go out of business the year directly after their all-time best year?
Many, many detailed, and clever, and researched, and state-of-economy based, answers for this can be found in the headlines of news articles and reasons given by the recently bankrupted companies themselves.
The usual true answer does not make for great news headlines, does not invoke fear and drama through the media, and certainly does not make the company leaders feel great about what happened.
It happens because:
The organization forgot about and neglected the 5 fundamentals to profit that they used to abide by and respect.