1. Are you more than 60 days behind on your suppliers accounts?

2. Are your business credit card debts over $5000?

3. Has any of your suppliers sent your account to collections?

4. Are vendors asking for post dated checks?

5. Are bill collectors, or vendors calling for payment?

6. Has your account been turned over to an attorney?

7. Are you financing your inventory by credit card? If so, remember the interest rates can range from 9.9% to over 26% and if you are netting between 10% to 20% you are losing money and working for the credit card companies.

8. Are your sales decreasing because your inventory is out of balance or getting old?

9. Is there new competition moving into your market area? From a chain store? From a franchiser? From an independent?

10. Are you getting at least three turns a year on your inventory?