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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Business Turnarounds
Description: Business Turnarounds Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. A business turnaround is taking a company that is underperforming and modifying its operations and strategy so that it recovers financially. Startups who are candidates for a turnaround are not doing well. They suffer from a lack of leadership, focus, strategy, or execution. Consider these steps in a turnaround situation: Identify the problem. This could be lack of funding, missing leadership, little or no sales and marketing, incomplete products and more. Set a goal. Some businesses need years to...