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Old 05-09-2013, 01:09 PM
 
7,380 posts, read 15,668,801 times
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i have a couple of interviews coming up at relatively young companies.

obviously the biggest question in my mind is "is this place going to fold within a year?"

what's a more diplomatic way to ask this?
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Old 05-09-2013, 01:16 PM
 
Location: SF Bay Area
13,520 posts, read 22,116,083 times
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By "young companies" I'm assuming you mean private, start-ups?
If so, they're not going to disclose their financial health specifically. You'd have to research and see how funding they've had. You can ask about their products, marketing strategy, etc and make an educated guess. Sometimes they may tell you whether they are profitable but don't count on it.
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Old 05-09-2013, 01:17 PM
 
Location: Buckeye, AZ
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I don't think there is a way you should especially in an employer's economy. It could show a red flag that you may jump ship if you see the ship is sinking (not that that's a bad thing.)
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Old 05-09-2013, 01:18 PM
 
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If they are young, it probably also means they are still private, and finding financials would be out of the question. Depending on the industry, could you ask about what contracts or big customers they have lined up? That might provide some idea how much guaranteed business they will have in the future. They might not want to provide specifics about anything in the pipeline, but maybe they could give you a general idea about what the quantity of business they expect in the foreseeable future.
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Old 05-09-2013, 01:19 PM
 
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i associate start-ups with the technology sector and these aren't necessarily technological in nature. but yeah, they are private companies that are fairly new - like not more than a few years. not publicly traded.
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Old 05-09-2013, 01:42 PM
 
Location: Portland, Oregon
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You really need to size up their business plan for viability. If they sell a product do an internet search of that product and look for competitors, for example. If they are big enough to have a Chief Financial Officer watch that chair like a hawk. If there are problems they often scoot.
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Old 05-09-2013, 01:53 PM
 
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Do some online research. You would expect anyone interviewing you to speak positively, probibly not going to get the best answer where you're concerned. Below are a few links that may help.
How to evaluate a company's financial health
http://www.bentleycg.com/stuff/conte...ur_company.pdf
Guide to Researching Companies, Industries, Countries
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Old 05-09-2013, 01:56 PM
 
24,488 posts, read 41,122,289 times
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Quote:
Originally Posted by JanND View Post
Do some online research. You would expect anyone interviewing you to speak positively, probibly not going to get the best answer where you're concerned. Below are a few links that may help.
How to evaluate a company's financial health
http://www.bentleycg.com/stuff/conte...ur_company.pdf
Guide to Researching Companies, Industries, Countries
It's not always possible to know the numbers of a private company. Especially one in its early stages.
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Old 05-09-2013, 02:12 PM
 
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Get some background on them from the internet first. Not only the company name but some of the top names in the company, run searches on them too. Maybe they have an online portfolio or some sort of client/customer list to attract other potential customers. Base some questions around what you find. Try to ask some questions that double as showing interest in the company while secretly digging some information out of them.
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Old 05-09-2013, 02:37 PM
 
Location: Colorado
4,306 posts, read 13,466,240 times
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You could ask something like, "What plans does the company have for the future (eg; expansion plans, new products, etc)?" or "Where do YOU see yourselves in 5 years' time?" And say it with a smile so they take it in good humour (hopefully). If they industry they're in has seen some upheaval you could research if they and their competitors are doing better now or if they have any plans posted on recovery.
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