MBA2192 How to Make the Most of a Failing Business + Free Ride Friday

Just because you’re down, doesn’t mean you’re out.

Businesses fail. In fact, some might argue that you’re not a true entrepreneur if you’ve never had a business fail!

The question is: what do you do when it’s happening?

Today, we explore a few specific options. When every metric available tells you that your business is headed straight for a cliff, you have some decisions to make. Can you save it? Can you sell? Should you just go back to your day job? It all depends.

Even if your business is doing great, you never know when circumstances may force you to pivot. Consider the strategies we explore today, and know that even in the worst-case scenario, you always have options.

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