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Business strategy
How to help a business that is at a verge of collapse
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[QUOTE="Augusta, post: 134222, member: 25283"] The fact remains that before a business finally crumbles, the signs are always there for management or the owner to know and it is always the right time to apply good decisions. This can help to remedy bad situations and prevent the business from a fall. So it is up to the managers to apply the right steps You can do the following to help out: [LIST] [*]Reduce the burden of liabilities on the business [*]Increase productivity by becoming more efficient [*]Seek professional advice and support [*]Reduce or eliminate redundant workers [*]Find out the root cause of the almost collapse and tackle it from the root [*]Increase marketing and advertising, do more of persuasive advertising to drive sales [/LIST] What is your thought? [/QUOTE]
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