Corporate Turnaround Artistry: Fix Any Business in 100 Days

Format: Hardback
Length: 336 pages
Publication date: 23 March 2020
Publisher: John Wiley & Sons Inc

Corporate Turnaround Artistry is a comprehensive guide for entrepreneurial companies navigating financial distress. In uncertain economic times, businesses face challenges such as narrowing margins, mounting internal and external pressures, and limited financial resources. However, most companies can repair their operations while maintaining their existing revenue structure. This invaluable guide offers practical steps beyond simple cost-cutting and sales-building advice, teaching you how to control cash, secure financial relief, and develop a comprehensive turnaround plan that will garner support from your employees, customers, and creditors.

Business leaders and entrepreneurs often resort to taking on new debt during tough times, believing that more money is the solution. However, author and Certified Turnaround Practitioner Jeff Sands argues that this approach is not always effective for struggling businesses. In this book, he provides expert advice on topics such as cashflow stabilization, short and long-term profit sustainability, lean management techniques, and more. By implementing these strategies, companies can stabilize their financial liabilities and re-structure their debt, while preserving the positions of their current employees and their communities.

The book walks you through the entire process of a corporate turnaround, from identifying the initial cash crisis to meeting with creditors and developing a plan. It offers practical insights and actionable steps that can help you stabilize your financial situation and give your business a fresh start. Thousands of businesses have successfully navigated financial distress using the techniques outlined in Corporate Turnaround Artistry. Whether you are facing temporary setbacks or long-term challenges, this essential resource will provide you with the framework to turnaround your business and achieve sustained profitability.

Weight: 542g
Dimension: 271 x 338 x 30 (mm)
ISBN-13: 9781119539988