Ten Tips for Financially Troubled Businesses

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Tip 1 - Ten Steps to Reduce Your Liability in a Troubled Business | Nolo.com

Published: 9 years, 3 month(s) ago | Submitted by MANTA Lab | permalink

If your company is facing financial difficulties, read these tips to keep out of trouble with the IRS, bankruptcy courts, and your bank.

For further reading: http://www.nolo.com/legal-encyclopedia/tips-financially-troubled-businesses-29687.html ^[1]

Tip 2 - 5 Tips for Turning Around Your Financially Troubled Business | Nolo.com

Published: 9 years, 3 month(s) ago | Submitted by Richard Kite | permalink

For further reading: http://www.nolo.com/legal-encyclopedia/free-books/small-business-book/chapter1-5.html ^[2]

Tip 3 - Ten tips for leading companies out of crisis

Published: 9 years, 3 month(s) ago | Submitted by Improve Polandpc 2 | permalink

Even good managers can miss the early signs of distress, says McKinsey’s Doug Yakola, who’s been running recovery programs for 20 years. The first step is to acknowledge there’s a problem. A McKinsey & Company article.
Tags: crisis recovery transformation ,turnaround distressed companies,early signs distress,Change management,Management processes,Decision-making,Financial restructuring,Turnarounds,restructuring, poor performance, short term return pressure, long term health, cash returns, change story, old incentive plans, talent management

For further reading: http://www.mckinsey.com/insights/corporate_finance/ten_tips_for_leading_companies_out_of_crisis ^[3]

Tip 4 - Early-Warning Signs of a Troubled Business

Published: 9 years, 3 month(s) ago | Submitted by aluis 2002 | permalink

Over my long career as a forensic and managerial CPA, I’ve had the opportunity to work with over 600 business clients. Some of these companies were hugely successful. Most, however, operated at various stages of distress, from early-stage struggles…to the...

For further reading: http://jemoore.typepad.com/blog/2011/10/early-warning-signs-of-atroubled-business.html ^[4]