CrashProof your Business (2nd edition)

ISBN 9781920154011
No business owner knowingly wants to go out of business but the fact is that half of all start-ups fail in the first year, and only 4 out of 100 businesses survive the first ten years. While their businesses are succeeding, most business owners don't consider the implications of going out of business. Indeed, business - like every other aspect of human life - is cyclical. Just as trying times will pass, so do times of plenty.

In this innovative and entertaining book, Peter Carruthers shows how business owners can do what listed businesses do without exception: compartmentalise personal assets and business risks. This book contains fascinating insights into the 'relationship' that businesspeople think they have with their bankers, provides reasons why we should never sign unlimited personal sureties and advises how to access business funding without risking personal assets. It is a must-read for people who are running their own businesses, or contemplating entrepreneurship as a career-change. As Peter admits, if he had had access to the facts and knowledge contained in this book just six months before closing his own business in 1992, he wouldn't have lost everything he had at that time - as well as pile of money that he didn't have!

Check out Pete's site here. Sign up for Pete's Weekly business newsletter here. For more information about Peter Carruthers, click here. To find out what the media says about this book, click here.

Contents

Business success vs failure
Why business advisers are often wrong
Why are you in business?
Entrepreneurial impoverishment
Compartmentalising business risks
The ideal business structure
All about sureties and securities
Finance assets without sureties
Replacing overdrafts
Reducing working capital dependency
Reducing surety damage
Compartmentalising personal assets
Building cash resilience
Business resilience
Personal resilience
Action plans

  • Title: CrashProof your Business (2nd Edition)
  • Author: Peter Carruthers
  • ISBN: 13: 9781920154011
  • Book specifications: Soft cover, 240 x 168 mm, 176 pages
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Customer Reviews


Truly a revelation. After many years in small business, Peter's principles are practical and empowering. A must read. Ken Annandale www.kenannandale.com

Even with my accounting background Pete's strategies have been a revelation to a small business owner operating in a tough environment. Steve Oberholzer CA(SA)

Business owners owe it to themselves and their families to buy this book and start crashproofing their lives today. Bert van den Heever, QS Inc

Your book is a brilliant aid to anybody starting out on their own, or for that matter changing the way they currently do business. Jan Vink Financial Planner

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