ILIQUIDITY

Iliquidity

Iliquidity is a symptom, but not the cause, of the company’s

crisis. There are structural problems within the company that

have depleted its cash, with its liabilities exceeding its assets.

The causes of insolvency vary from company to company, but

most workout and turnaround specialists will agree that the

primary reasons are as follows: 

1. Managers are unprepared for trouble or crisis.

2. Managers tip-toe stressors until they become epidemic.

3. Managers do not know where and how to slash expenses

and raise cash.

4. Many of today’s managers never have lived through

seriously troubled times. 

Extracted from a book titled: RECESSION BUSINESS STRATEGIES by Prof John C. Mbuya

Available from the following bookshops: 

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