23 min listen
Dawn of the Debt
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)
A/R Concentration Risk: How to remain calm when an important client can't pay: It's one of those scenarios almost any business owner can relate to: one of your critical customers -- who accounts for a big chunk of your revenue -- is falling further and further behind on their payments, then stops meeting their deadlines altog... by Wheel of Risk: A podcast by Allianz Trade