Advice from a turnaround pro in response to COVID-19

Advice from a turnaround pro in response to COVID-19

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For companies hard hit by the economic effects of COVID-19, the actions they take today may spell the difference between survival and liquidation. Below are 10 steps to take now using remote working techniques as appropriate.* 1.Employ the tool used by every competent turnaround professional: Prepare a conservative, detailed weekly cash plan for the coming two to three months. If needed, prepare daily plan for the next few weeks. Be realistic so that you can use this to help ensure that your…

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