The Art of the Turnaround: How to Rescue Your Troubled Business from Creditors, Predators, and Competitors

ISBN-10
0814402607
ISBN-13
9780814402603
Category
Business & Economics
Pages
290
Language
English
Published
1995
Publisher
AMACOM/American Management Association
Authors
Jerry White, Matthew L. Shuchman

Description

Half a million American businesses are in deep trouble right now, and one in five will fail this year. If your company is exhibiting the classic warning signs of collapse - such as vendors demanding payments COD and cash flows that won't cover next month's payroll - you must read this book. The Art of the Turnaround teaches owners and managers how to manage under fire, regroup, and resurrect their troubled companies. Written by two seasoned turnaround artists, it shows how to use your embattled position to new advantage when negotiating . . . slash fixed overhead costs by at least 30 percent . . . weigh every available option (including a few you may not be aware of) . . . and transform sheer survival into newfound success.

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