Business Turnaround
Most businesses will face periods of uncertainty or decline at some point. This course explores the warning signs of business failure and the practical steps needed to stabilise operations, manage crises, and support long-term recovery.
Business Turnaround
This course will enable you to
- Spot common warning signs that a business is in trouble
- Identify factors which cause businesses failure
- Act quickly during the early stages of crisis management
- Respond appropriately using popular crisis interventions
- Understand the important role of cash to business survival
- Establish the key objectives and questions necessary for building an effective turnaround plan
- Implement an effective strategic business turnaround plan
About the course
Only 42% of start-ups are still trading five years later. But why do businesses fail? There are common warning signs to look out for and actions that you can take to identify and manage the threats facing your and your clients' businesses to ensure the best chance of survival in the long term.
This course provides information and advice on business turnaround, which can help businesses prepare for potential issues and have the best hope of survival. It will enable you to identify the common warning signs that there's trouble ahead. Discover what steps you need to take at different stages of a crisis as well as the key aspects that you need to consider when developing and implementing an effective business turnaround.
Look inside
Contents
How it works
Author
John Taylor
John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp - Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.
