In an ASIC recent review of externally administered companies for financial year 2015/16 it has been found that external administrators lodged 9,465 reports to ASIC citing the major causes of failure as: Inadequate cash flow or high cash use in (4,318 or 46% of reports) Poor strategic management of business (4,315 or 46% of reports); … Continue reading Your business, your car, and blind driving!