9 business-turn around-strategies

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9 Business turnaround strategies designed particularly for small businesses that do not have access to some of the clout and resources larger companies can call on.

Business

Gogo Erekosima www . Idea Age Consulting . com

Copyright 2010 Over time, if you test and implement these strategies, you will find your business on the path to explosive long-term profit and revenue growth.

80 percent of businesses hardly past their first anniversary. The rate of survival shrinks as the year go by. After ten years, only seven out of ten businesses are likely to survive. Some of the reasons responsible for this high failure rate are factors that are avoidable. Unfortunately, many entrepreneurs ignore these factors. This slide highlights some of the reasons why small businesses fail.

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*Please excuse title, formatting of title page was changed during upload* Powerpoint from talk I gave during Prince Georges Community Colleges "Why Black Businesses Fail" program on April 11, 2013. The first speaker discussed some reasons black businesses fail and I followed with a discussion on some steps they can take to succeed. If you would like the talking points for this lecture you can email me at kendrick.staley@civicgrind.com

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