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How many billions in debt?
It's not difficult to understand why some big businesses seem to be devoid of basic business skills.
The culture of 'yes that's a great idea' seems to somehow infiltrate the boardrooms, who become obsessed with growth they can demonstrate to their shareholders.
It's quite simple really - if you borrow money you need to have a proper plan to pay it back. Too many plans are agreed based on pie in the sky forecasts and it's more often than not the smaller businesses at the end of the supply chain who really take the biggest losses.
