The Turnaround: What Surviving Bankruptcy Taught Me About Achieving Success In Business And In Life - 9781619617032

Bankruptcy is often seen as the end of the road for a broken business: an admission of failure. But despite the stigma surrounding it, bankruptcy can actually allow a company to restart, renew, and improve-as long as it's done right. When Gregory K. McDonough faced his own professional "death spiral," he took a deep dive into the bankruptcy process and realized that bankruptcy could help revive his business. Now, he draws on his knowledge as a Certified Insolvency and Restructuring Advisor and his personal experiences to create a practical guide to staying mentally and strategically strong while navigating bankruptcy. The Turnaround provides vital information and coaching on the key elements of the process, including the following: - What bankruptcy means - When to declare bankruptcy - How to make hard decisions - From whom to get help - When to dissolve - How to protect your personal life - What plans to put in place to rebuild Going bankrupt does not mean giving in. With the right plan of action, commitment, and mind-set, it can be the first step in turning a bad situation into a positive outcome.

Author: Gregory K. McDonough

Publisher: Lioncrest Publishing

Publication Date: Oct 08, 2017

Number of Pages: 150 pages

Language: English

Binding: Paperback/Business & Economics

ISBN-10: 161961703X

ISBN-13: 9781619617032