Eric Weston is struggling to keep his garden supplies business alive. Income slightly above last year, but profits down in a poor economy, as it tries to integrate the recent acquisition of expensive. The deal he struck with the old owner of the limited number of versions and the banker turned to separate loan workout. He feels that his suppliers are willing to work with him and his team depends on his livelihood. At the request of banks, an external consultant was brought to make their recommendation. He gave a personal guarantee to the bank loan payments to the old owner is about to fall due, and Weston faces some unexpected costs. Monetary situation of the company is very tough, and he has to evaluate the liquidation value of the company, as it considers the actions to take to avoid failure in his dream of having his own business. The fact is rewritten version of the previous case, 899-212, renewal dates and financial data to 2012 period.
bankruptcy or keeping open house, Eric Weston evaluates its survival in the retail food garden he owned for seven years. "Hide
by Michael J. Roberts, James M. Sharpe Source: Harvard Business School 20 pages. Publication Date: July 30, 2012. Prod. #: 813045-PDF-ENG
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