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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....