How to steer your business through times of financial distress and achieve sustained profitability
Corporate Turnaround Artistry is a complete guide for entrepreneurial companies in times of financial distress—presenting effective strategies and proven methods to revive and rehabilitate your business. Uncertain economic times have significantly altered the financial resources available to struggling businesses. Narrowing margins and mounting internal and external pressure has taken their toll on many companies. Fortunately, most businesses can be repaired while maintaining their existing revenue structure. Offering practical steps that go beyond simple cost-cutting and sales-building advice, this invaluable guide teaches you how to control cash, secure financial relief, and develop a comprehensive turnaround plan that your employees, customers, and creditors will support.
Business leaders and entrepreneurs often fall into the trap of assuming new debt when tough times strike. Author and Certified Turnaround Practitioner Jeff Sands shows that to many struggling businesses, more money is no longer the answer to the problem. Expert advice on topics including cashflow stabilization, short and long-term profit sustainability, lean management techniques, and more, provides the framework to timely and efficient corporate turnaround.
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Jeff Sands, CTP, is a founding member of Dorset Partners LLC. Dorset Partners consultancy helps mid-market companies revitalize their businesses amidst serious challenges. Clients have been dozens of mostly commercial/industrial businesses with revenues between $10M and $200M. Dorset Partners LLC received the National Turnaround of the Year Award from The Turnaround Management Association (“TMA”) for its role in the restructuring of Vermont Aerospace Manufacturing Inc.
Stephen Bowlby has worked as a professional voice actor for more than forty years. His experience spans animation, character work, commercials, and narration. He has read numerous audiobooks throughout his career, including titles by Harold Robbins, Stuart M. Kaminsky, John Sculley, William P. McGivern, and Starbucks CEO Howard Schultz.