Hope Won't Pay the Wages

When a business gets into difficulty, the director goes through hell. However, whilst there are plenty of professional firms ready and willing to sort out the business side of things, there is little or no support for the individuals themselves. This is the first ever book designed to help people deal with the personal impact of a failing business, drawn from those who have experienced it. After all, our greatest learnings come when things go wrong. Derived from interviews with business owners who have been through a corporate insolvency and now armed with the power of hindsight, this book draws out their essential learning points. Discover how to: Tell a dip from a downturn; Manage the bank and your creditors; Identify and deal with your biggest problem; Regain control; Face your greatest fears; and, if necessary, Start again. If you don't know which way to turn and believe that you are out of options, then think again. But action is needed. Now! After all, hope won't pay the wages.