Table of Contents
Preface.................................................................................................................. iii
Introduction ........................................................................................................ 1
- Why do businesses fail? ........................................................................ 4
- The characteristics of a failing business .......................................40
- Eight rules for a successful turnaround ........................................47
- Preparing for a turnaround ...............................................................54
- An overview of the turnaround process.......................................66
- Analysing your current position......................................................72
- Stabilising your business....................................................................88
- Turnaround strategies...................................................................... 109
- Your turnaround plan....................................................................... 117
- Managing cash flow.......................................................................... 129
- Managing your bank in a crisis ..................................................... 164
- Managing people .............................................................................. 216
- Exit strategies ...................................................................................... 225
- Too late? ................................................................................................ 232
- Make sure it never happens again............................................... 237
About the author.......................................................................................... 241
Acknowledgements .................................................................................... 243