twitterfacebookgooglerss

Startup Doctor: 4 Fast Ways to Fix a Failing Business

Startup Doctor: 4 Fast Ways to Fix a Failing Business

There’s a reason why so many people are so eager to start and run their own business. Perhaps they are tempted by the difficulty of succeeding in such a competitive economy. Or maybe it’s always been their dream to own their own company. Every year, according to the US Census Bureau, 400,000 new businesses are started, but nearly 90% die out almost immediately—and that’s only in the United States of America. Below, you’ll find 4 fast ways to remedy a failing company before it’s too late—and keep the dream alive.

Determine Where the Leaks Are

What’s causing you to fail your business? Is it a high customer or employee turnover rate? Expensive materials and supplies or unreliable suppliers that’s leading to delays? Weak marketing approach that’s not tailored for your target audience? Know the weak spots in your game plan before going on an all-out purge that could lead to more harm than good for your business. It’s better to work smart and hard, instead of just hard. Have a plan of action. Saving a business usually takes a scalpel, not a hammer.

Use Parameters for Gauging Current Business Condition

Profit is perhaps the single most important measurement for success. Albeit, it is not the only indicator you should be using otherwise you obstruct yourself of a bigger picture view of your business. Look at customer and employee satisfaction ratings, customer base growth rate, innovative efforts, and leads acquisition. These are all parameters that indicate how your business is profiting or losing from the current efforts being made. According to the experts at Navicor Consulting, the number one reason businesses fail is that owners don’t know how to interpret the profit & loss report. Use profit/loss reports to look for areas where you are actually losing the most money per annum. But don’t just cut—build a plan toward sustainable profitability.

Trim the Fat

Once you know where your business stands and what reasons are serving as resistance against its growth, it’s time to eliminate the “fat”. Consolidate all your business expenses in one spreadsheet to get a visual inspection of where the money is being spent on. Determine what expenses your business can live without and get rid of it immediately. For instance, for a magazine company, you can save a lot of money by switching to a different paper thickness for your printouts.

Replace People

It seems ruthless to just let go of people who are no longer assets to your business, but that’s why they call it business; nothing should be personal. Replace employees and managerial staff who have been slowing down company growth due to lackluster performance and inability to get on board with the company’s future direction. Not a soul in the world likes layoffs, and chances are it will be hard to let some people go. However, for the health of the business, sometimes it must be done.

Don’t just jump overboard in a failing ship. At times, your business just needs better oversight, managers need more accountability, and relatively slower remedies to keep it afloat. Stick to what you love doing and you’ll find a way to make money off it soon enough.

Published by Sandy

109 Comments

  1. have g · June 21, 2020

    Pretty! This has been an extremely wonderful post.
    Thanks for providing these details.

  2. not g · June 21, 2020

    I do accept as true with all of the ideas you have introduced for your post.
    They are very convincing and will certainly work.

    Nonetheless, the posts are too brief for newbies. May just you please lengthen them
    a little from subsequent time? Thank you for the post.

  3. http://182.191.119.233 · June 26, 2020

    Hello, i read your blog from time to time and i own a similar one and i was just wondering if
    you get a lot of spam remarks? If so how do you reduce it,
    any plugin or anything you can suggest? I get so much lately it’s driving me mad so any support is very much appreciated.

  4. cbd oil that works 2020 · June 29, 2020

    It’s amazing for me to have a site, which is good designed for
    my knowledge. thanks admin

  5. Adam Hironaka · July 7, 2020

    I simply want to mention I’m all new to blogs and actually liked this web-site. Almost certainly I’m want to bookmark your site . You absolutely come with excellent articles. Many thanks for sharing your web-site.

  6. can you buy viagra in mexico · July 9, 2020

    I was extremely pleased to discover this web-site. I intended to many thanks for your time for this terrific read!! I certainly enjoying every little of it and also I have you bookmarked to look into new things you article.

  7. cannabidol · July 9, 2020

    I really prize your work , Great post.

  8. security screens with doggie doors · July 10, 2020

    Do you have a spam problem on this blog; I also am a blogger, and I was curious about your situation; we have developed some nice practices and we are looking to swap solutions with others, be sure to shoot me an e-mail if interested.

  9. metal screen doors · July 10, 2020

    First of all I want to say fantastic blog! I had a quick question in which I’d like to ask if you don’t mind. I was curious to find out how you center yourself and clear your mind before writing. I have had a difficult time clearing my mind in getting my thoughts out there. I do enjoy writing but it just seems like the first 10 to 15 minutes are usually lost just trying to figure out how to begin. Any recommendations or tips? Many thanks!

  10. John Deere Technical Manuals · July 10, 2020

    cheers for such a brilliant website. Where else could someone get that kind of information written in such a perfect way? I have a presentation that I am presently working on, and I have been on the watch out for such information.

  11. web · July 12, 2020

    This really answered my issue, thanks!

  12. cbd vapor oil for sale · July 14, 2020

    When I originally commented I clicked the -Notify me when brand-new remarks are added- checkbox and also currently each time a remark is included I get four e-mails with the same comment. Exists any way you can eliminate me from that solution? Thanks!

  13. lifestream cbd gummies for sale · July 14, 2020

    Can I just state what a relief to find someone that really recognizes what theyre talking about online. You definitely recognize just how to bring a problem to light and also make it vital. Even more people require to read this and also comprehend this side of the story. I angle believe youre not much more preferred since you most definitely have the gift.

  14. Tractor Workshop Manuals · July 14, 2020

    wow, pleasant web site this chum ( space ) however i might include the guestbook right here that there is a lot more reside listed here on this page. cu

  15. is giving cbd to dogs safe · July 15, 2020

    I found your blog site on google and also inspect a few of your very early blog posts. Continue to maintain the excellent run. I simply extra up your RSS feed to my MSN News Reader. Seeking forward to finding out more from you later on!?

  16. cbd dog treats for large dogs · July 15, 2020

    I am commonly to blog writing and also i actually value your content. The short article has really peaks my rate of interest. I am mosting likely to bookmark your website as well as maintain looking for brand-new information.

  17. cbd oil for cushings dog · July 16, 2020

    The next time I check out a blog, I hope that it doesn’t dissatisfy me as long as this set. I suggest, I know it was my option to read, but I actually thought youd have something fascinating to claim. All I hear is a number of grumbling regarding something that you can deal with if you werent too active seeking attention.

  18. content hosting · July 18, 2020

    Everyone loves what you guys are up too. This kind of clever work and exposure!
    Keep up the excellent works guys I’ve added you guys to my blogroll.

  19. cbd heath benefits · July 18, 2020

    This actually answered my problem, thanks!

  20. best cbd capsules for hormone replacement · July 19, 2020

    It?s difficult to locate educated individuals on this topic, however you seem like you know what you?re speaking about! Thanks

  21. Read Full Report · July 20, 2020

    There are definitely a lot of details like that to consider. That is a great indicate raise. I provide the ideas above as basic motivation but clearly there are inquiries like the one you bring up where the most important thing will certainly be operating in straightforward good faith. I don?t know if finest techniques have actually arised around points like that, however I am sure that your work is clearly identified as a fair game. Both boys and also girls feel the influence of simply a moment?s satisfaction, for the remainder of their lives.

  22. page · July 20, 2020

    Your area is valueble for me. Thanks !?

  23. Mitchel Burkard · July 22, 2020

    Youre so trendy! I don’t suppose Ive check out anything like this prior to. So wonderful to find somebody with some initial thoughts on this subject. realy thanks for starting this up. this internet site is something that is needed on the internet, somebody with a little originality. beneficial task for bringing something brand-new to the web!

  24. Jesusita Winingear · July 22, 2020

    The following time I read a blog site, I hope that it does not disappoint me as much as this. I indicate, I know it was my choice to review, yet I actually believed youd have something interesting to say. All I listen to is a lot of yawping about something that you could repair if you werent also busy searching for attention.

  25. dig this · July 24, 2020

    Great article. I learn something a lot more tough on various blog sites everyday. It will certainly constantly be stimulating to check out web content from various other authors as well as practice a something from their store. I?d choose to make use of some with the web content on my blog site whether you don?t mind. Natually I?ll offer you a link on your internet blog. Many thanks for sharing.

  26. Get More Information · July 25, 2020

    Your location is valueble for me. Thanks !?

  27. website hosting · July 25, 2020

    I am actually happy to read this web site posts which includes tons of useful facts,
    thanks for providing these kinds of data.

  28. best web hosting · July 26, 2020

    I’m curious to find out what blog platform you happen to be utilizing?
    I’m having some minor security issues with my latest website
    and I’d like to find something more safeguarded.
    Do you have any solutions?

  29. navigate to this web-site · July 27, 2020

    Can I simply claim what an alleviation to locate someone who actually knows what theyre speaking about on the net. You definitely understand just how to bring a concern to light and make it crucial. More individuals need to read this as well as comprehend this side of the tale. I cant think youre not a lot more popular due to the fact that you certainly have the present.

  30. inquiry · July 27, 2020

    I am often to blog writing and also i truly appreciate your content. The article has really peaks my interest. I am mosting likely to bookmark your site as well as keep checking for new info.

  31. get the facts · July 29, 2020

    There is visibly a bundle to know about this. I assume you made certain nice points in functions also.

  32. view it · July 30, 2020

    Youre so trendy! I do not suppose Ive check out anything like this prior to. So good to find someone with some initial thoughts on this subject. realy thank you for beginning this up. this internet site is something that is needed on the web, somebody with a little creativity. helpful job for bringing something brand-new to the web!

  33. cheap flights to florida round trip · July 31, 2020

    I delight in, cause I found exactly what I used to be taking a look
    for. You’ve ended my 4 day lengthy hunt! God Bless you man. Have a great day.

    Bye

  34. my response · July 31, 2020

    Youre so great! I do not mean Ive review anything similar to this before. So wonderful to discover someone with some original ideas on this subject. realy thank you for beginning this up. this internet site is something that is needed on the web, someone with a little originality. useful job for bringing something brand-new to the web!

  35. browse this site · August 1, 2020

    I?d have to consult you here. Which is not something I generally do! I appreciate reviewing an article that will certainly make people believe. Likewise, many thanks for enabling me to comment!

  36. Mindy · August 2, 2020

    It’s hard to find well-informed people in this particular topic, but you seem like you know what you’re talking about! Thanks

  37. address · August 3, 2020

    An outstanding share, I just given this onto a coworker who was doing a little evaluation on this. And he as a matter of fact purchased me breakfast since I discovered it for him. smile. So let me reword that: Thnx for the treat! Yet yeah Thnkx for investing the moment to discuss this, I feel strongly concerning it as well as enjoy reading more on this topic. Preferably, as you end up being proficiency, would certainly you mind updating your blog with even more details? It is extremely practical for me. Big thumb up for this post!

  38. check this out · August 4, 2020

    Aw, this was an actually good post. In idea I want to put in writing like this in addition? taking some time as well as real effort to make a great short article? but what can I say? I postpone alot and by no means appear to get something done.

  39. here. · August 5, 2020

    Your location is valueble for me. Many thanks !?

  40. security screen monitor · August 6, 2020

    Hi, i read your blog occasionally and i own a similar one and i was just wondering if you get a lot of spam comments? If so how do you protect against it, any plugin or anything you can suggest? I get so much lately it’s driving me insane so any support is very much appreciated.

  41. Crimsafe · August 6, 2020

    With havin so much written content do you ever run into any problems of plagorism or copyright violation? My website has a lot of completely unique content I’ve either authored myself or outsourced but it seems a lot of it is popping it up all over the internet without my agreement. Do you know any techniques to help stop content from being stolen? I’d certainly appreciate it.

  42. security screens sliding doors · August 6, 2020

    I was curious if you ever thought of changing the page layout of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two pictures. Maybe you could space it out better?

  43. online cbd vape juice · August 7, 2020

    Hey there! I just would love to offer a significant thumbs up for the terrific info you have below on this blog post. I will certainly be coming back to your blog site for even more quickly.

  44. hosting services · August 7, 2020

    Hi to every one, it’s really a good for me to pay a quick
    visit this website, it includes valuable Information.

  45. cbd cannibus gummies · August 7, 2020

    A fascinating conversation is worth remark. I believe that you must compose extra on this subject, it could not be a forbidden subject but usually individuals are not nearly enough to talk on such subjects. To the next. Thanks

  46. does cbd oil have withdrawal symptoms · August 9, 2020

    This actually addressed my trouble, thank you!

  47. hosting services · August 10, 2020

    Hello! I’m at work browsing your blog from my new iphone 3gs!
    Just wanted to say I love reading through your blog and look forward
    to all your posts! Carry on the excellent work!

  48. Larry Lulow · August 10, 2020

    Area on with this write-up, I truly believe this website needs far more factor to consider. I?ll probably be once more to review a lot more, thanks for that details.

  49. Timothy Longhurst · August 11, 2020

    An excellent share, I simply given this onto a coworker who was doing a little evaluation on this. And also he as a matter of fact got me morning meal because I discovered it for him. smile. So let me rephrase that: Thnx for the reward! Yet yeah Thnkx for spending the moment to discuss this, I really feel highly about it and love learning more on this subject. Preferably, as you come to be knowledge, would you mind updating your blog site with even more information? It is extremely handy for me. Huge thumb up for this blog post!

  50. best web hosting sites · August 13, 2020

    Pretty nice post. I just stumbled upon your blog and wanted to say that I have truly loved
    browsing your blog posts. In any case I will be subscribing to your feed and I’m hoping you
    write once more very soon!

  51. homemade viagra watermelon · August 14, 2020

    A fascinating conversation is worth remark. I assume that you need to create much more on this topic, it could not be a taboo topic yet usually individuals are insufficient to speak on such subjects. To the following. Thanks

  52. viagra dose timing · August 14, 2020

    I?d need to talk to you below. Which is not something I typically do! I enjoy reviewing an article that will certainly make individuals believe. Additionally, many thanks for allowing me to comment!

  53. red pill viagra · August 17, 2020

    Youre so amazing! I do not expect Ive review anything like this before. So wonderful to find someone with some initial thoughts on this subject. realy thank you for beginning this up. this site is something that is required on the internet, somebody with a little creativity. valuable job for bringing something brand-new to the net!

  54. best sexting site · August 18, 2020

    What’s Going down i’m new to this, I stumbled upon this I’ve found It absolutely helpful and it has helped me out loads. I hope to give a contribution & aid other users like its helped me. Good job.

  55. over the counter viagra substitute cvs · August 18, 2020

    After study a few of the post on your website currently, and also I really like your method of blog writing. I bookmarked it to my book marking website checklist and will be examining back soon. Pls check out my web site too as well as let me recognize what you assume.

  56. can you take extenze and viagra together · August 19, 2020

    When I originally commented I clicked the -Notify me when brand-new remarks are included- checkbox and also currently each time a remark is included I obtain 4 e-mails with the exact same remark. Exists any way you can remove me from that solution? Many thanks!

  57. how to take viagra for maximum effect · August 20, 2020

    Hello! I simply wish to provide a significant thumbs up for the excellent information you have here on this article. I will certainly be returning to your blog site for even more soon.

  58. viagra problem · August 20, 2020

    An impressive share, I simply given this onto a colleague that was doing a little analysis on this. As well as he in fact acquired me morning meal because I located it for him. smile. So let me rephrase that: Thnx for the treat! Yet yeah Thnkx for investing the time to discuss this, I really feel highly concerning it and enjoy finding out more on this subject. When possible, as you come to be know-how, would you mind upgrading your blog with more details? It is extremely helpful for me. Huge thumb up for this article!

  59. Patty Bossick · August 22, 2020

    Hey There. I discovered your blog the use of msn. This is a really neatly written article. I’ll be sure to bookmark it and come back to learn extra of your helpful info. Thank you for the post. I will certainly return.

  60. cheap flights · August 24, 2020

    My coder is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the costs. But he’s tryiong none
    the less. I’ve been using WordPress on several websites for about a year and am nervous about switching to
    another platform. I have heard excellent things about blogengine.net.
    Is there a way I can import all my wordpress posts into
    it? Any kind of help would be really appreciated!

  61. cheap flights · August 24, 2020

    Usually I don’t learn article on blogs, but I wish to say
    that this write-up very forced me to try and do it! Your writing taste
    has been amazed me. Thanks, very great post. 3gqLYTc
    cheap flights

  62. cheap flights · August 25, 2020

    Hi great blog! Does running a blog such as this take a large amount of work?
    I’ve very little knowledge of coding but I had been hoping to start my own blog in the near future.

    Anyway, should you have any suggestions or techniques for new blog owners please share.
    I know this is off subject however I just had to ask.
    Thank you! 3gqLYTc cheap flights

  63. digital marketing in mangalore · August 25, 2020

    With havin so much written content do you ever run into any problems of plagorism or copyright infringement? My blog has a lot of completely unique content I’ve either created myself or outsourced but it looks like a lot of it is popping it up all over the web without my authorization. Do you know any methods to help protect against content from being ripped off? I’d truly appreciate it.

  64. website design in mangalore · August 25, 2020

    Hello! This is kind of off topic but I need some advice from an established blog. Is it very hard to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about making my own but I’m not sure where to begin. Do you have any tips or suggestions? Cheers

  65. ลิ้งดูบอล · August 25, 2020

    Thank you for the sensible critique. Me & my neighbor were just preparing to do come research in it. We got a grab a book from our area library but I think I learned more from it post. I am very glad to see such excellent info being shared freely out there.

  66. what's the difference between hemp oil and cbd · August 25, 2020

    There is visibly a package to learn about this. I assume you ensured great factors in functions additionally.

  67. cheap flights · August 26, 2020

    Hi there, I want to subscribe for this website to take newest updates, so where can i do it please help out.

  68. ibwqsveyhz · August 26, 2020

    Startup Doctor: 4 Fast Ways to Fix a Failing Business | Business Gross
    [url=http://www.g5to82sm37601lc1ckp28j2yc2fu621xs.org/]uibwqsveyhz[/url]
    ibwqsveyhz http://www.g5to82sm37601lc1ckp28j2yc2fu621xs.org/
    aibwqsveyhz

  69. การพนันสด · August 27, 2020

    You may be perceived as lecturing, pompous or just plain narcissistic.

  70. miracle cbd oil review · August 27, 2020

    After research a few of the article on your website currently, and also I truly like your means of blogging. I bookmarked it to my bookmark internet site listing and also will be examining back soon. Pls check out my website as well and also let me recognize what you assume.

  71. แทงบอลสด · August 27, 2020

    Muscle injury is much more likely if you begin playing before your muscles are warmed up.

  72. best cbd oil for pain · August 28, 2020

    When I initially commented I clicked the -Inform me when brand-new remarks are included- checkbox and also currently each time a remark is added I obtain four emails with the same comment. Exists any way you can remove me from that solution? Thanks!

  73. สล็อตออนไลน์ · August 28, 2020

    Learning to control the ball is essential to good game play.

  74. สล็อตออนไลน์ · August 29, 2020

    You should have fun with your blog writing and avoid feeling as if you are simply laboring to produce some kind of content.

  75. สล็อตออนไลน์ · August 30, 2020

    Compliment these with sections of italicized text and keywords that fit your niche.

  76. look here · August 31, 2020

    I am commonly to blogging and i truly value your material. The short article has actually peaks my rate of interest. I am mosting likely to bookmark your website and also maintain checking for brand-new details.

  77. การพนันฟุตบอล · August 31, 2020

    Roll it from side to side and from side to side.

  78. การพนันฟุตบอล · September 1, 2020

    Football players exert tremendous amounts of energy during practice and games; therefore, it is important to eat enough calories to keep your energy levels at peak performance.

  79. ดูบอลฟรี · September 1, 2020

    Keep your non kicking foot close to the ball and your body over the ball.

  80. เว็บไซต์การพนัน · September 1, 2020

    You will not significantly improve your skills in a week or two.

  81. คาสิโนออนไลน์ · September 1, 2020

    When you think about where you will play ball, you should be cognizant of how well you can play.

  82. ลิ้งดูบอล · September 1, 2020

    Do all you can to be more involved and active every time you’re out on the field.

  83. Sa · September 2, 2020

    If you are wanting to run a potentially profitable blog, you should ensure that your niche is one that is very marketable to others.

  84. พนันฟุตบอล · September 2, 2020

    You can ask several different people to provide guest posts to help you to develop a very high quality blog.

  85. ฟรีเคดิต · September 2, 2020

    However, sometimes this slide tackle is a great option, especially if you’re defending against an opponent about to try and score.

  86. เว็บไซต์การพนัน · September 2, 2020

    This is no doubt imagining the worst case possible, but things you need to watch out for include malapropisms and commonly confused homonyms, including “your” and “you’re.” Especially watch for errors the spell checkers will overlook.

  87. บอลสด · September 3, 2020

    Losing the ball will give your opponent the chance they need to take it to the goal and score.

  88. Boss Security Screens · September 3, 2020

    Hello, I think your site might be having browser compatibility issues. When I look at your website in Opera, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, great blog!

  89. SAGAMING · September 3, 2020

    All that is really needed is a pair of soccer cleats and a set of shin guards.

  90. พนันฟุตบอล · September 3, 2020

    When you’re training for and playing soccer, make sure you actually enjoy yourself and have fun. You can get so wrapped up in working on your technique and form that you forget to just play. You love this game, and you don’t want to lose all the joy it can bring. So focus on the fun, and you’ll end up playing a lot better in the long run.

  91. frolep rotrem · September 4, 2020

    Hiya, I’m really glad I have found this information. Nowadays bloggers publish just about gossips and web and this is actually irritating. A good site with exciting content, this is what I need. Thanks for keeping this web-site, I’ll be visiting it. Do you do newsletters? Can’t find it.

  92. LigaZ · September 4, 2020

    The lofted pass vaults the ball into the air, either to a teammate or an open space in the field.

  93. Wilson Kleinschmidt · September 4, 2020

    You should participate in a contest for one of the most effective blogs online. I will suggest this site!

  94. เวกัส · September 4, 2020

    In order to become a good soccer player, you need to learn how to dribble.

  95. Joker Slot · September 5, 2020

    Soccer is more than just running around the court kicking the ball.

  96. generic viagra without a doctor prescription · February 28, 2021

    generic viagra no prescription

    generic viagra without prescription

  97. c-sildenafil · May 10, 2021

    sildenafil mesylate

    sildenafil citrate 50mg

  98. how to buy stromectol · May 13, 2021

    stromectol where to buy

    ivermectin pills

  99. non-prescription cialis canada · May 15, 2021

    when can i buy cialis without a prescription

    canadian pharm direct prescription drugs cialis

  100. online viagra without a doctor prescription · May 16, 2021

    viagra without prescription

    viagra without a doctor prescription from canada paypal