The Turnaround: What Surviving Bankruptcy Taught Me about Achieving Success in Business and in Life
- ISBN-10
- 161961703X
- ISBN-13
- 9781619617032
- Series
- The Turnaround
- Category
- Business & Economics
- Pages
- 150
- Language
- English
- Published
- 2017-10-08
- Author
- Gregory K. McDonough
Description
Bankruptcy is often seen as the end of the road for a broken business: an admission of failure. But despite the stigma surrounding it, bankruptcy can actually allow a company to restart, renew, and improve-as long as it's done right. When Gregory K. McDonough faced his own professional "death spiral," he took a deep dive into the bankruptcy process and realized that bankruptcy could help revive his business. Now, he draws on his knowledge as a Certified Insolvency and Restructuring Advisor and his personal experiences to create a practical guide to staying mentally and strategically strong while navigating bankruptcy. The Turnaround provides vital information and coaching on the key elements of the process, including the following: - What bankruptcy means - When to declare bankruptcy - How to make hard decisions - From whom to get help - When to dissolve - How to protect your personal life - What plans to put in place to rebuild Going bankrupt does not mean giving in. With the right plan of action, commitment, and mind-set, it can be the first step in turning a bad situation into a positive outcome.
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Other editions
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- 2017-09-25
- 150 pages
- Paperback
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