Friday, February 8, 2008

HOW TO RESCUE A FAILING BUSINESS

  •  Analyze the failure of the current business models
  • 2.       Limit your fear and worries
  • 3.       Determine exactly where the problem are
  • 4.       Ask yourself sincere and difficult questions about how the business had been handled in the past
  • 5.       Contact creditors and work out a restructuring plan
  • 6.       Reduce your workforce if you have to
  • 7.       Get consultants and professionals
  • 8.       Get loans if necessary

 

With this point you will go a long way, but if possible contact me. 

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