I would like to describe the concept behind our activities at International Executive Technology (IET). The desire of the individual business person to succeed in business is a motivation that is well-intended and seemingly simple. This individual then walks out into the world and hits a wall of confusion and chaos and ethics matters such as Enron/Arthur Anderson, setting these intentions, goals, and expectations backward or blunting their purpose.
Consider this article published by business week online: www.businessweek.com
“For business terminations, statistics show that about half of businesses that employ people are still operating five years after they open.”
Further, in an article published by Rob Holland – Assistant Extension Specialist, Agricultural Development Center https://cpa.utk.edu/pdffiles/adc24.pdf
“According to Dun & Bradstreet reports, ‘Businesses with fewer than 20 employees have only a 37% chance of surviving four years (of business) and only a 9% chance of surviving 10 years.’ Restaurants only have a 20% chance of surviving 2 years. Of these failed businesses, only 10% of them close involuntarily due to bankruptcy, and the remaining 90% close because the business was not successful, did not provide the level of income desired, or was too much work for their efforts.
“Nine out of ten business failures in the United States are caused by a lack of general business management skills and planning.” To which we can add we have the ethics issues that pull down companies and executives.
In the last thirty-one years, we have seen it all. We have been able to take dreams that have been blunted and turn them into a thriving and expanding corporation. We invite you to take the complimentary business analysis and contact us about your future expansion plans.
Founder and CEO