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Flying Herring Inc. is ideally suited for
"Lack of management skills was found to be primarily an internal factor for the failure of entrant firms (firms that are less than five years old). The management of small, young firms is most at risk because their management has often not yet developed the experience and knowledge necessary to run a business. Of particular concern is management's lack of knowledge, lack of vision, poor use of outside advisors, and underdeveloped general management and financial management skills. The chances of bankruptcy could have been reduced by attracting adequate equity and making greater use of outside expertise." - (Statistics Canada study, Failing Concerns: Business Bankruptcy in Canada) |