Business Management Advisory & Consulting

3 Key Steps to Turning Around a Failing Company

Unless deemed essential — think banks, food retailers, hospitals, and pharmacies —there’s a strong likelihood that COVID-19 turned many companies upside down. Employees went remote, workforces may have been trimmed, and some businesses were forced to temporarily (or permanently)...

5 Best Small Business Loans of 2021

If you’re a business owner looking for financing options aside from traditional banks, a small business loan could be the best option for you. Small business loans are used to cover payroll, new equipment, or almost anything that can enable a business to grow. For this guide, we...

Best Practices for Turning Around Distressed Companies: Success Stories

In the first installment, I discussed the importance of creating a written business plan, or a roadmap, on how to control costs, and how to deal with your employees. In the second installment, I discussed how to deal with customers, vendors, bankers and the tax authorities....

Best Practices for Turning Around Distressed Companies: No One Likes to be Surprised

In the first installment, Yoav discussed the importance of creating a written business plan or a roadmap, on how to quickly and decisively control costs and how to deal with your employees. In this second installment, Yoav will introduce the next steps for saving a distressed...

Best Practices for Turning Around Distressed Companies: The First Steps

As the COVID-19 quarantine required the closing of all non-essential businesses throughout the U.S., your business may be struggling to stay afloat. Even if your business is an “essential business,” your sales are probably much lower than before, and cash flow is a major issue....

What to do with failure

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Entrepreneurs, businesses, projects and even relationships are measured by how successful they are, meaning what goals they’ve accomplished and how much time has passed without failures. However, any entrepreneur or inventor will say failure is part of the learning process...