What entrepreneurs can do when business bottoms out.
8/11/2003
This book looks at the unique issues facing a small-business turnaround. It's one thing to be able to call on all the resources of, say, IBM, to create a turnaround, but quite another for a small business to stop in its tracks and reevaluate. Caplan offers easy-to-follow steps that will help business owners analyze their problems, scour the landscape for new opportunities, write a new business plan, and get employee support behind the moves. And if recovery does not seem to be a good option, Caplan offers a clear-eyed look at exit strategies.