Business turnaround

Overview

Only 42% of start-ups are still trading five years later. But why do businesses fail? There are common warning signs to look out for and actions that you can take to identify and manage the threats facing your and your clients' businesses to ensure the best chance of survival in the long term.

This course provides information and advice on business turnaround, which can help businesses prepare for potential issues and have the best hope of survival. It will enable you to identify the common warning signs that there's trouble ahead. Discover what steps you need to take at different stages of a crisis as well as the key aspects that you need to consider when developing and implementing an effective business turnaround.

This course will enable you to:

• spot common warning signs that a business is in trouble
• identify factors which cause businesses failure
• act quickly during the early stages of crisis management
• respond appropriately using popular crisis interventions
• understand the important role of cash to business survival
• establish the key objectives and questions necessary for building an effective turnaround plan
• implement an effective strategic business turnaround plan.

Key information

• learn at your own pace
• develop your own learning needs
• iPad/Android compatible
• exclusive member benefit – 10% discount.

Helping accountants grow

Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party suppliers.