How a Scuba Diving Approach Can Work in Business

The mantra for scuba divers is – “Plan your Dive and Dive your Plan”. The same is true in business.

Firstly, let’s take a look at scuba diving. It’s a well-known fact that scuba diving can put you in a life threatening situation which is why you should always ‘plan your dive’.

Getting the best result when you have to sell a business asset

There is a real skill involved in the successful sale of a business asset.

Even if the sale is forced because the business is facing a crisis, there are steps you can take to ensure the best possible price for your asset.

Being able to sell an asset in times of crisis can be crucial to the future of the business, and the process requires as much thought and pre-planning as possible.

The first thinking has to be “why are we considering selling and what are we going to sell?”. Selling because the bank or other parties say so is not always the best strategy.

Is there an alternative?

Business Exit Strategies for Baby Boomers

A key question posed by any business turnaround or profit improvement specialist, when they are asked to assist a business, is: “what is the exit strategy for the owners and directors?”

We’re astounded that some business owners don’t have a clear idea or strategy about what they should do, and when, to achieve their exit strategy.

That is, if they have an exit strategy at all.

How Can A Turnaround Expert Help A Troubled Business?

The turnaround expert assists you to identify and implement appropriate strategies to stem losses and return your business to financial health.

The following are some potential strategies a troubled company, in conjunction with their turnaround practitioner, might put in place to turn things around:

Cash For SMEs is Tightening – Will Your Business Get The Funding It Needs?

In all our turnaround assignments at Vantage Performance, the mantra is “CASH IS KING”.

Why? If money is not being placed into your bank account to pay for your purchases and operating expenses, you will not have a business….

Is Your Business In Trouble? What Can You Do About It?

Not every troubled business can be saved, but it’s fair to say that the earlier experts are called in, the better. Procrastination about obtaining help usually means a solution will be forced on you.

Next Page »