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Rethinking Bankruptcy: A Lifeline for Your Business

Rethinking Bankruptcy: A Lifeline for Your Business

Understanding the True Purpose of Chapter 11. The mere mention of bankruptcy often conjures images of finality and loss. However, the reality is far from this misconception. Bankruptcy, particularly Chapter 11, is not the end—it’s a strategic tool designed to...
Have You Made Any of These Top 5 Business Mistakes?

Have You Made Any of These Top 5 Business Mistakes?

How not to mess up when managing your business’s money. Avoiding these typical blunders can greatly improve a company’s financial health. It is not only important to make money but also to manage it correctly to secure long-term success and stability....
CASH FLOW / CRITICAL PROFIT REPORT

CASH FLOW / CRITICAL PROFIT REPORT

Cash flow, everyone has a problem with it… Teaching a CEO how to manage cash flow is a challenge, or at least it was in the past. I remember those days when I would sit in a meeting with the owner of the company and accounting. The CEO would virtually glaze over...
Business Transformation: Success Beyond Common Excuses

Business Transformation: Success Beyond Common Excuses

The goal of restoring a business is to get it back on track so that it can be stable and make money. This path often requires short-term sacrifices to reap long-term rewards. As a business change expert who specializes in turning around companies, I’ve heard a...