Financially Simple

In episode 254 of Financially Simple, Justin discusses Turnaround Strategies with David Kent. As the Coronavirus continues to affect our daily lives, it's important to keep in mind that it will pass, and when it does business owners must be prepared and in a position to get going as soon as possible. Justin and David talk about having a Turnaround Strategy, the stages of the process, and steps that a business owner can take. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 01:55 - Ask Justin featuring David Kent: Turnaround Strategies 04:09 - Coronavirus Stats 05:53 - Turnaround Management 07:16 - 5 Stages of Turnaround 08:50 - Current Preparedness 10:16 - 4 Strategies 13:14 - Service Profitability 14:48 - Repositioning 15:56 - Replacement 16:54 - Posturing Change 18:39 - Renewal 20:08 - 6 Steps 23:08 - Summary 24:11 - Wrap Up _________________   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube