Tags » Business Recovery

How to get your company out of debt

As we begin another year it is obvious that things aren’t getting any easier for business owners. Costs – of materials, transport, energy and production – are ever rising and it is becoming harder in some cases to pay your way. 9 more words

The Larger They Are, The Harder They Fall!

The compulsory liquidation of Carillion is a timely reminder that no company, however large and high profile, is immune from failure. Carillion was placed into liquidation on 15 January 2018 owing around £1.5 billion to its creditors and putting thousands of jobs at risk. 329 more words

News

Ericsson Picks New CEO

Ericsson has picked the former CEO of high-flying mining gear maker Atlas Copco as its new chairman, increasing hopes of a recovery as it battles against a slump in business. 371 more words

How to turn around a troubled business

According to C Charles Bahr, a self-confessed “turnaround specialist” there are six important steps:
– Face the reality, no matter how grim it may appear. Communicate the reality to all stakeholders in the business, i.e. 291 more words