How To Recognize The Signs Of Business Distress!

Subscribe To The Looney Executive Emerging Growth Series! Back To The Looney Executive Web SIte!   Turnarounds ... Restructurings ... Reorganizations .. Oh My! Alphonso Spence, CEO of Trinity Corporation, is a man you want on speed dial if you're having business difficulties. In addition to teaching business at two colleges, he's completed some real interesting turnarounds of distressed firms. He joins The Looney Executive to discuss the signs and remedies for troubled businesses. In part I of our discussion Alphonso lays out some of the typical red flags of trouble. A couple of key, and obvious, signs include: Declining profit Difficulty in acquiring new clients Dependency on a small number of key customers Also, Alphonso cites competition, or rather the inability to respond to it, as another key factor. And of course Jennifer Vallarautto, CEO of Office Out Of The Box, returns to offer you tips on saving money and working with your office technology.  So click the link below or POD button above to listen now!