Generate a guide for a struggling business, covering cost-cutting, revenue generation, and restructuring.
Prompt:
708 characters
Generate a full, in-depth guide on business turnaround strategies for a company in distress. The guide must be a direct and actionable playbook. It should include detailed sections on: 1. The Triage Phase: A guide to immediate cash flow preservation. 2. Operational Restructuring: How to conduct a rigorous analysis of expenses and identify areas to cut. 3. Strategic Refocusing: A framework for re-evaluating your business model and focusing on the most profitable customers and products. 4. Revenue Generation: A list of short-term strategies to increase sales. 5. How to communicate with stakeholders during a turnaround. Please include a strong disclaimer to seek professional financial and legal advice.