Tag Archives: business bankruptcy

It’s Here! “Be Your Own Turnaround Manager”

Again, I will do a little shameless self–promotion. I have written a book titled, Be Your Own Turnaround Manager: A Common Sense Guide to Managing a Business Crisis, and it was released today.

For many years, I specialized in helping businesses that were in crisis and heading towards bankruptcy. Several of these business crises appear as case studies in the book. Although this book is directed toward small businesses with employees, I have presented many fundamental business precepts that can be valuable to any business.

To give you some idea of what this book is about, I have included, below, some of the front-page copy that is on the publisher’s web site:

Is a Business Bankruptcy or Other Business Crisis Looming on Your Horizon?

Be Your Own Turnaround Manager is one of the few business books that deals with the issues that small businesses face daily, but that no one wants to talk about. It helps you recover from small problems so they don’t become disasters.

If your business is already mired in a crisis, Be Your Own Turnaround Manager provides an alternative to filing for bankruptcy.

Be Your Own Turnaround Manager  doesn’t present any new management fad, magic formula, or acronym approach that can save your enterprise once it is in crisis—it requires a step-by-step business recovery plan.

Regardless of whether you’re a small business owner, run a non-profit organization, or a segment of a larger corporation, any business crisis you face can be managed long before it gets out of control.  The business recovery plan set forth in Be Your Own Turnaround Manager helps small business owners answer these questions:

  • What do I do when I can’t pay my bills?
  • How do I face my employees when there is no money for payday?
  • What do I do when I can’t pay my past due bank loan?
  • What if the bank no longer wants me as a customer?
  • How do I know if I have a real business crisis, or just some “hard times?”
  • How do I know when I should file for bankruptcy?
  • How do I handle HR and government agency demands if my business is in crisis?
  • With my business in crisis, what do I do first?
  • How do I plan and execute a crisis management/turnaround program?
  • How do I know when I need outside help?
  • How do I execute an orderly shutdown if I just don’t want to go through a crisis turnaround program?
  • What is a business recovery plan and how do I implement it?

These concerns, and many more, are addressed in Be Your Own Turnaround Manager. Actual case histories are presented and referred to extensively as examples of how others solved these kinds of problems. In addition, checklists are included in each chapter to assist you in developing real solutions to your own problems.

For information about this book, or to receive a discount, go to the publishers web site at beyourownturnaroundmanager.com It is also available at Amazon.com or through most major book stores.