The Great Recall

Head Ache Relief – Ice Cream – Big Trucks – Peanuts – Economical Cars

The Great Recall

As a financial planner and professional investor, some of the biggest thorns in our world have come from the recall. Recalls or mistakes can come from various sources — sloppiness, laziness, carelessness, or of course, fraud.Recall

No matter the reason, we think there are a few ways to help solve the problem, quickly!

The Fix

  • Act Quickly
  • Be Honest
  • Error on the side of overkill versus minimal
  • Don’t try to cover it up
  • Make sure your representatives know the situation
  • APOLOGIZE if appropriate

In a litigious society, legal action may be expected, especially when fraud was committed – are there serious crimes that should bankrupt the company? Yes, but in most cases that is probably not the correct answer.

Hopefully company managers already know this information !

Have a Great Day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225


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