Introduction Businesses must first have financing in order to undergo a successful turnaround. The key to planning a successful turnaround is finding the right financing…
Category: Turnaround Management
In this blog category, you will find blog posts related to turnaround management and bankruptcy.
Introduction Cash flow management is one of the most crucial elements of a successful business. Many people mistake cash flow for profit. They are actually…
Introduction Picture this: you have your own company and you just finished a big project for one of your customers. You send the final invoice,…
According to Conversion, 54% of millennials will cut off business due to poor customer service. 50% of Gen Xers and 52% of baby boomers agreed.…
Introduction While not all companies can return from a crisis, most can be saved with the right strategy and people working together. First, in order…
Introduction Why do some businesses fail and others thrive? According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months.…
According to Investopedia, a turnaround refers to steady, positive movement experienced after a significant period of performance decline. There will always be distressed businesses that…
Introduction It was announced earlier this month that retail giant Toys”R”Us will be closing all of its stores this year. The demise of the toy…
Introduction Even corporate giants like Apple and Netflix have come close to failing, but with a well-organized and thoughtful turnaround strategy, almost any company can…
Even the most successful businesses have failed at some point in time. However, if handled correctly, rock bottom could serve as the first stepping stone…