To expect management teams to have forgotten the lessons learned in respect of over-trading
or working capital is naive.
The demographic profile of the hot served chilled desserts market is broadly affluent (58% ABC1) and mature (71% aged 45 and over) as illustrated by the massive over-trading
of Marks & Spencer, which makes up nearly a third of the market (but just 2.
In such instances, the strategy to avoid over-trading
is to take "bite-sized portions" of the new deals.
For a chain of hearing aid centres over-trading
might be reflected by difficulty in recruiting specialist staff or in monitoring what is happening across a far-flung empire.
This presentation will discuss the fear of missing out, how it leads to over-trading
, under-trading, and the destructive behavior of focusing on the money.
But rather than a return of the 'zombie business' phenomenon, R3 North East chair Allan Kelly believes the late payment and over-trading
problems traditionally associated with economic recovery support the rise.
Alistair also expects that as history has shown us in the past, as the economy improves there can be corporate casualties caused by over-trading
, which means Insolvency Practitioners, and their agents get busier.
The number one casualty-causer for businesses in this environment is over-trading
While the most important reason for failure, unsurprisingly, is lack of demand, the second most important is over-trading
in strong second and third-ranked brands would grow their categories, said Powell, adding that competition was the only way to stop categories falling in value as promotional discounts became steeper and more plentiful.
That many banks were over-trading
beyond their total combined equity was never reported by external auditors, while financial journalists never commented on their extremely high-risk ventures.
A real danger is a failure to plan the financial requirements carefully, which can result in over-trading