How a First-Timer Did a Turnaround (Including an Exit)
Acquiring Minds
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Reviving a Struggling Business: Challenges and Successes
Exploring the journey of turning around a struggling business with historical challenges, focusing on optimizing costs, managing debts, and improving revenue streams. The chapter discusses the strategic calculations, financial investments, debt management, and operational changes that led to stabilizing and growing the business within a short timeframe. It highlights the significance of leadership changes, employee incentives, and adaptability to overcome obstacles, including the impact of COVID-19 on business operations.
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