How do you turn around a business that no longer makes money?
Sometimes, the problem is with the external environment.
It could be that your market has changed, or your competitors have gained on you, or it could just be that your customers have moved on because they want something you don’t offer.
Sometimes, the problem is internal.
The fault could be with your cost structure, margins, waste, or deliberate fraud and sabotage from members of your team.
In this episode of the podcast, I share the 7 areas I typically look at when I work on turnarounds.
What you’re about to learn will allow you to diagnose and pinpoint the problem without breaking things.