My Bottom Line: Eric Born, Wincanton

Eric Born is Swiss CEO of logistics and transport company Wincanton.

He advises businesses to err on the side of caution when it comes to taking on debt, and says with hindsight he wishes his company had not taken on as much as it had - but, he says, what do you expect from a Swiss!

Eric appeared on The Bottom Line which is broadcast on BBC Radio 4 and BBC World Service. Listen again via the podcast or watch it on the BBC News Channel.

Find more business wisdom from other chief executives on the My Bottom Line website.