Zombie Companies
A Zombie Company is a business that barely scrapes by and is always short of cash. In accounting terms it covers most of its running costs but is never able to develop a profit margin.
Ben Sewell takes you through an explanation of zombie companies.
A zombie company is a business that barely scrapes by and is always short of cash. In accounting terms, it covers most of its running costs but is never able to develop a profit margin. Watch Firm Principal Ben Sewell explain what zombie companies are and why they occur in this brief explanatory video.
