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Turning a Business Around : How to Spot the Warning Signs and Ensure a Business Stays Healthy by Mark Blayney (2006, Paperback)

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Book Details. Publisher: How To Books ISBN 13: 9781845280635.

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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: 1. Turnaround SECTION 1 - 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.