Turning A Business Around

There is lots of advice around for starting a business, but less for when it is established but un-profitable, or gets into difficulties. This is a guide to help you when the going gets tough. It acts as a smoke detector - to help spot the early warning signs of approaching difficulty, and as a fire extinguisher - for immediate use in a crisis. It will help you to turn a business around by explaining: why businesses fail, how to spot the warning signs, key ways to stabilise your finances, how to devise a realistic recovery plan, and how to manage that plan into effective action.

Contents:

SECTION 1 - Turnaround;

• Recognise the need for a fast turnaround;
• 2. Spotting the warning signs of business failure;
• 3. Understand why businesses fail;

SECTION 2 - Stabilise your finances;

• 4. Understanding your immediate financial position;
• 5. Managing a real cash crisis;
• 6. Understanding and controlling your financial performance;

SECTION 3 - Devise a plan;

• 7. Setting the strategy;
• 8. Managing marketing;

SECTION 4 - Make it happen;

• 9. Managing change;
• 10. Managing the risks.