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ratings:
Length:
18 minutes
Released:
Oct 19, 2023
Format:
Podcast episode

Description

They are companies that don’t turn a profit, they only make enough money to service their existing debt and stave off bankruptcy. To the casual observer they’re doing OK, but if you’re savvy enough to dig a little deeper, it becomes clear; something isn’t quite right. And if you happen to make a deal with one of them, they could drag your business down too.On this Hallowe’en-themed episode of Wheel of Risk, host Alix McCabe tackles the topic of zombie firms, with the help of Allen Gebarowski, Regional Vice President, Northwest Region at Allianz Trade. Together, they discuss just how common these types of businesses are, how to spot the warning signs, and how to prevent your own organization from becoming ‘infected.’ They’ll also hear from Allianz Trade’s Senior Economist for North America Dan North, who shares his own expertise and insights on the risks these zombie companies present to other businesses.
Released:
Oct 19, 2023
Format:
Podcast episode

Titles in the series (16)

Picture this: It’s the middle of the night and your company’s shipment is stuck halfway around the world, hopelessly snarled due to an unexpected trade embargo. You’re hemorrhaging money. Wide awake, worried, your mind goes round and round in circles like some high stakes wheel of fortune. In the world of international trade, there’s no shortage of things that can keep you up at night. But here’s the good news – you’re not alone. "Wheel of Risk" is a brand new podcast – brought to you by Allianz Trade – designed to help you keep your business safe, secure, and well ahead of the competition. Every episode, host Alix McCabe talks to business leaders and experts who’ve faced, and overcome, real trade-related challenges to keep their businesses alive and thriving. They know what it means to truly protect their organizations and themselves. They learned the hard way, so you don’t have to. So go ahead – spin the wheel – we’ve got you covered! Euler Hermes North America Insurance Company and its affiliated debt collection company are part of the Allianz group and market their products and services using the ‘Allianz Trade’ trademark.