I was browsing through the Simpleology website and found this free business turnaround tips video from famous direct marketer, Ted Nicholas.
Despite all the success Ted Nicholas has had in his working career, he admits to two failures. It happens to even the best.
The video looks at:
- Mindset issues
- Dealing with creditors
- The importance of being honest about your situation
- Cutting costs
- Making cash injections into the business
- Focus on marketing and sales - the only part of your business which generates cash rather than creates cost.
- The three ways to grow any business - focus on all three and your business will prosper provided you keep your costs under control.
You can watch the video for free at Business Turnaound Tips.