Risky Strategy 5-7 (eBook, ePUB)
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The oldest trick in running a business was having a second set of books, one set for the accountants and one with the realstory of what was happening. In this ledger, he was in for the shock of his life. The assets had been sold! All except this building, which was heavily mortgaged! They didn't own a single truck! They were using independent drivers, and they were far behind in their payments! Of course, when an independent wouldn't drive for them anymore, they hired someone new!He realized that this business was bankrupt! It was running on fumes! He was shaking as he flipped through the page...
The oldest trick in running a business was having a second set of books, one set for the accountants and one with the realstory of what was happening. In this ledger, he was in for the shock of his life. The assets had been sold! All except this building, which was heavily mortgaged! They didn't own a single truck! They were using independent drivers, and they were far behind in their payments! Of course, when an independent wouldn't drive for them anymore, they hired someone new!He realized that this business was bankrupt! It was running on fumes! He was shaking as he flipped through the pages, looking for something to reassure him. Nothing! And he had just spent millions of dollars on this stock! He was ruined!
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