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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – The Four Rs To Turnaround a Business
Description: The Four Rs To Turnaround a Business Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. A turnaround can take several forms based on the severity of the changes required. Some businesses require a complete overhaul of their operations while others perform a repositioning or rebranding. Here are the four Rs to turnaround your startup: Retrenchment. In retrenchment the business refocuses on the core business and exits non-core initiatives. This is often used to move to cash flow positive or break even. This comes about during downturns in the...