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A business director speaks to her bank on the phone while reviewing the terms of her personal guarantee, having had it called in and causing her financial distress.

The “Silent” Business Killer: Why Good Directors End Up in Bad Situations

It often starts innocently enough. A late payment from a reliable client. A “one-off” disruption you didn’t plan for. To bridge the gap, you dip into personal funds or take a short-term loan. You’re not being reckless, you’re doing what most directors do to keep things moving, fully expecting…

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