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Strategies for Turnaround
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Can I save my business?
Can I save my business?
Profile and Action Plan
Reflect upon your plans and for each question below click a score between 1 and 5 that best represents your current position. Be honest with yourself.
I have no idea when I will run out of cash.
1
2
3
4
5
I have a clear idea when I will run out of cash.
I have no idea about what caused these problems.
1
2
3
4
5
I have a clear idea about what caused these problems.
I have no recovery plan for my business.
1
2
3
4
5
I have a recovery plan for my business.
I don’t know how to implement recovery.
1
2
3
4
5
I know how to implement recovery.
I am very nervous about talking to critical parties.
1
2
3
4
5
I am very confident about talking to critical parties.
I have no plans to talk to my key employees.
1
2
3
4
5
I have plans to talk to my key employees.
I don’t know how to monitor recovery.
1
2
3
4
5
I know how to monitor recovery.
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