Is your company holed below the water line?

09/6/2012 | CBS MoneyWatch

It isn't always easy to tell when a company's in trouble, writes Steve Tobak. Still, if your sales team seems panicked, your deputies are telling you to change course or your margins are slipping, then it's likely that more woes are ahead. "Thinking back on hundreds of corporate failures, including quite a few I got to see up close and personal, there were always warning signs of pending doom," Tobak writes.

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