How to Save a Dying Business

Save a Dying Business

The cyclical nature of business suggests that at some point, your business is going to go through a down phase—a recession and oppression that is either due to owner mismanagement or the overall economy. Many know the statistics of business failure, what is less known is the statistics of business survival.

Saving a dying business that has gone through a major downturn is one of those things legends are made of. Here are three tips to do it:

1. Recognize Your Business is in…

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Source: Women on Business

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