Advice From the Business Finance Store to the CEO: Be Accountable in a Crisis

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The Business Finance Store advises CEOs to be responsible and accountable when faced with unfortunate business situations.

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No one likes to admit they are wrong, especially not when money is at stake. Now imagine running a company like Nintendo and having your new product flop. Nintendo company president Satoru Iwata took responsibility in both words and actions when the launch of the new Nintendo 3DS didn't go as well as planned. No matter what industry, businesses can learn a thing of two about handling failure from Nintendo's Satoru Iwata. The Business Finance Store offers some tips to CEOs and business leaders for how to deal with corporate errors in the new blog post “I'm Accountable: Your Best Strategy When Things Go Wrong.”

It is common for CEOs and other business leaders to create a variety of excuses for mistakes in their company. Think about Rupert Murdoch and how he denied involvement in the News of the World scandal not too long ago. His claims did little to help the situation of his company. After all, blaming others is rarely the solution. Instead, when faced with a difficult situation, taking responsibility and maintaining honesty and composure might be more effective. Read more about how to manage a difficult business situation at the Business Finance Store’s blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understand that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes, and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and to achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007 they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store, visit http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.

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Kelly Rye
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