Springer eBooks -- Plan to Turn Your Company Around in 90 Days : HOW TO RESTORE POSITIVE CASH FLOW AND PROFITABILITY

More than half of all businesses in the U.S. don’t make it to their fifth birthday, and nearly 70 percent are gone by year ten. How do businesses get into trouble? A hundred different ways. Poor cash flow, undercapitalization, lax financial controls, poor worker productivity, boneheaded mistakes, inefficient processes, failure to adapt, loss of enthusiasm . . . the list goes on and on. The fact is, many businesses that face life-threatening challenges, or are just stuck in the doldrums, can turn their fortunes around. And Jonathan Lack is the expert who can show you how. Lack is a turnaround specialist—the guy called in to reinvigorate a stalled company or revamp the poor practices that reduce sales and decimate profits. Once he’s done, the company is again on the road to growth and profitability. __Plan to Turn Your Company Around in 90 Days__ is a pragmatic, step-by-step guide to helping your company not only survive but begin to grow again. Among other things, this book will teach you how to improve your company’s cash flow, how to better manage your payroll and employee productivity, and how to get better results from your marketing and sales efforts. __Turn Your Company Around in 90 Days__ will help you develop a framework to create a strategic plan that will move your company in the right direction and breathe new life into tired or worn-out operations and products. __Plan to Turn Your Company Around in 90 Days__ will immediately help your firm in the following areas: * How to get to “cash flow positive” and then grow * How to manage technology better * How to manage your payroll and employee productivity * How to improve marketing and increase sales * How to restore profitability * How to manage your board of directors and investors If you’re at all fearful that your company may not last the next couple of years, this book is for you. What you’ll learn* How to manage and preserve cash * How to reduce your expenses * How to increase your margins * How to increase employee productivity and improve operations * How to assess the strength of your products and services * How to increase sales and marketing efficiency * How to create a strategic plan to turn your company around * How to restore enthusiasm and become a desirable employer again Who this book is for This book is written for CEOs, CFOs, COOs, and CMOs of large companies, midcaps, and small businesses. It’s also for angel investors, board directors, private equity firms, and venture capitalists. It is intended to give readers the confidence that, by developing a basic plan, they can turn their company around and give it new life. Table of Contents1. How to Manage Cash Flow Better 2. How to Manage Accounts Payable Better 3. How to Manage Accounts Receivable Better 4. How to Manage Employee Productivity Better 5. How to Manage Technology, Facilities, and Manufacturing Better 6. How to Manage Process Flows Better 7. How to Better Understand Your Customers, Competitors, and Key Trends 8. How to Develop a More Effective Marketing Strategy 9. How to Develop a More Effective Sales Strategy 10. How to Manage Investors and the Board of Directors Better 11. How to Hire and Manage Your Turnaround Consultant 12. How to Manage Yourself and Your Staff Better 13. Sample Consulting Proposal More than half of all businesses in the U.S. don ́ t make it to their fifth birthday, and nearly 70 percent are gone by year ten. How do businesses get into trouble? A hundred different ways. Poor cash flow, undercapitalization, lax financial controls, poor worker productivity, boneheaded mistakes, inefficient processes, failure to adapt, loss of enthusiasm . . . the list goes on and on. The fact is, many businesses that face life-threatening challenges, or are just stuck in the doldrums,℗ can turn their fortunes around. And Jonathan Lack is the expert who can show you how. Lack is a turnaround specialist ́ the guy called in to reinvigorate a stalled company or revamp the poor practices that reduce sales and decimate profits. Once he ́ s done, the company is again on the road to growth and profitability. Plan to Turn Your Company Around in 90 Days is a pragmatic, step-by-step guide to helping your company not only survive but begin to grow again.℗ Among other things, this book will teach you how to improve your company ́ s cash flow, how to better manage your payroll and employee productivity, and how to get better results from your marketing and sales efforts. Turn Your Company Around in 90 Days will help you develop a framework to create a strategic plan that will move your company in the right direction and breathe new life into tired or worn-out operations and products. Plan to Turn Your Company Around in 90 Days will immediately help your firm in the following areas: How to get to ́ cash flow positive ́ and then grow How to manage technology better How to manage your payroll and employee productivity How to improve marketing and increase sales How to restore profitability How to manage your board of directors and investors If you ́ re at all fearful that your company may not last the next couple of years, this book is for you More than half of all businesses in the U.S. don't make it to their fifth birthday, and nearly 70 percent are gone by year ten. How do businesses get into trouble? A hundred different ways. Poor cash flow, undercapitalization, lax financial controls, poor worker productivity, boneheaded mistakes, inefficient processes, failure to adapt, loss of enthusiasm ... the list goes on and on. The fact is, many businesses that face life-threatening challenges, or are just stuck in the doldrums, can turn their fortunes around. And Jonathan Lack is the expert who can show you how. Lack is a turnaround specialist--the guy called in to reinvigorate a stalled company or revamp the poor practices that reduce sales and decimate profits. Once he's done, the company is again on the road to growth and profitability. Plan to Turn Your Company Around in 90 Days is a pragmatic, step-by-step guide to helping your company not only survive but begin to grow again. Among other things, this book will teach you how to improve your company's cash flow, how to better manage your payroll and employee productivity, and how to get better results from your marketing and sales efforts. Turn Your Company Around in 90 Days will help you develop a framework to create a strategic plan that will move your company in the right direction and breathe new life into tired or worn-out operations and products. Plan to Turn Your Company Around in 90 Days will immediately help your firm in the following areas: How to get to zcash flow positivey and then grow How to manage technology better How to manage your payroll and employee productivity How to improve marketing and increase sales How to restore profitability How to manage your board of directors and investors If you're at all fearful that your company may not last the next couple of years, this book is for you Front Matter....Pages i-xvii Front Matter....Pages 1-1 How to Manage Cash Flow Better....Pages 3-19 How to Manage Accounts Payables Better....Pages 21-30 How to Manage Accounts Receivables Better....Pages 31-39 Front Matter....Pages 41-41 How to Manage Employee Productivity Better....Pages 43-61 How to Manage Technology, Facilities, and Manufacturing Better....Pages 63-75 How to Manage Process Flows Better....Pages 77-93 Front Matter....Pages 95-95 How to Understand Your Customers, Competitors, and Key Trends Better....Pages 97-113 How to Develop a More Effective Marketing Strategy....Pages 115-132 How to Develop a More Effective Sales Strategy....Pages 133-147 Front Matter....Pages 149-149 How to Manage Investors and the Board of Directors Better....Pages 151-161 How to Hire and Manage Your Turnaround Consultant....Pages 163-173 How to Manage Yourself and Your Staff Better....Pages 175-187 Sample Consulting Proposal....Pages 189-195 Back Matter....Pages 197-201 A company without a plan is a plan for failure. The book shows how to develop a strategic plan to help turn around a failing company. This book is heaven-sent in a tough economy. Gives a step-by-step process on how executive management and or board of directors can make numerous cost-effective steps to help a company perform optimally. Helps a struggling company develop an action plan and thus a more viable story for potential investors and lenders. Most businesses will need this book within the first five years of operation