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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – How To Turnaround a Business
Description: How To Turnaround a Business Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. A business turnaround is just like any other aspect of running a business. Here are some key steps in running a turnaround program for your startup: Identify the problem to be solved. There’s typically 2-3 major issues to address. Develop a plan to move the business in a new direction. Consider the stage of business and the resources available to it. Gain commitment on the plan from the team and the investors. It’s impo...