Ep 5: BUSINESS RESCUE & TURNAROUND

Franchise industry executive and consultant, Shaun Butcher, explores the process of rescuing and turning around a struggling business.A must for any business owner, manager, decision maker or support person who has found themselves needing to rescue or turn around a struggling or failing business.TIMESTAMPS:(0:00) Start(0:09) Disclaimer & Introduction(5:55) Common Types Of Rescue & Turnaround Situations (21:42) Why People Buy A Business In Need Of Rescuing Or Turning Around(32:39) Step 1: Do Your Research(50:21) Step 2: Analyse & Be Brutally Honest(1:07:18) Step 3: Complete Overview & Breakdown Of Each Component(1:27:57) Step 4: Develop A Plan To Address Each Component(1:34:07) Step 5: Understand The Financial & Other Resources Required(1:54:41) Step 6: Critically Evaluate Your Plan’s Chance Of Success(2:02:02) Step 7: Be Prepared To Hit The Ground Running(2:12:08) Step 8: Continually Review & Update Your Plan (2:15:13) Wrap-Up & QuestionsCheck us out at: www.fmssupportservices.com.au Contact us at: [email protected] Follow us on Facebook: www.facebook.com/profile.php?id=61562852799935 Follow us on LinkedIn: www.linkedin.com/company/76260689