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Most Helpful Customer Reviews
5.0 out of 5 stars
Another great book by Mark Blayney,
This review is from: Turning a Business Around: How to Spot the Warning Signs and Ensure a Business Stays Healthy (Paperback)
I really like Mark Blayney's books. His books are an easy read in terms of you don't have to seek out the message, but an uncomfortable read if you find yourself in the position of having to read them - his books will give you much food for thought, and that is what they should do.
The book is great for people with the foresight necessary to take early action to avoid the liquidation of their business, it is of limited use if the business is well and truly insolvent, with the bailiff at the front door, your facilities withdrawn. A really good book, highly recommended.
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Most Helpful Customer Reviews on Amazon.com (beta) Amazon.com:
4.5 out of 5 stars (2 customer reviews)
4.0 out of 5 stars
Turning a business around,
By Juan Carlos Avila - Published on Amazon.com
This review is from: Turning a Business Around: How to Spot the Warning Signs and Ensure a Business Stays Healthy (Paperback)
Good and quick guidelines to spot trouble and work on a contingency plan to improve the business situation. I particularly like the chapter about Strategy, good and practical guidelines.
5.0 out of 5 stars
Excellent book on business turnaround,
By Elijah Chingosho "Dr Elijah Chingosho" - Published on Amazon.com
This review is from: Turning a Business Around: How to Spot the Warning Signs and Ensure a Business Stays Healthy (Paperback)
One sees thousands of books on starting a business and various techniques of running it effectively; leading people; and formulating winning strategies, among others. However, despite the fact that many businesses get into trouble, such as business decline and crisis and sometimes into liquidation, one rarely finds good, user friendly books to guide managers and business owners on turning a business around.
"Turning a Business Around" is therefore, an excellent addition to business literature and is a must read for business executives and entrepreneurs. Managers need to know about the signs of danger so that timely steps can be taken to prevent a possible business catastrophe. Liquidating a business has profound implications for various stakeholders. Many employee livelihoods would be ruined. Shareholders and creditors would lose money, potential government tax receipts would be lost, among a long list of adverse implications of business failure. The book methodically traces the reasons of business failure, gives advice on spotting the warning signs; how finances can be stabilized in a downturn; how one can come up with a practical and effective strategy to get out of a serious business decline and how to ensure that the plan is effectively implemented. The author uses a simple, easy to follow writing style which ensures that even owner/managers with limited formal training in management can follow and understand the book and be able to implement its recommendations. This is an excellent book that can enable a business to get early warning about trouble when there is still time to do something about it as well as for those who need guidance in a crisis about effective firefighting techniques to avoid business insolvency. In the current highly competitive global business environment, business failures are very common. This book should certainly assist in preventing some of these failures. |
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