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Need to get back on target?
Starting a new business?
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Business
turnaround
involves a
management intervention to assist
a business in
surviving, growing,
expanding or increasing profitability.
A turnaround focuses on key
areas such as cost, products &
services and marketing.
We use proven concepts from
leading marketing, business and
success coaches such as
Tony Robbins, Mark Ware and
others to
provide facts, focus and
inspiration necessary for change.
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Business turnaround is always possible when a
business for
various reasons is operating below its actual
potential.
Business turnaround is usually not possible when a business,
despite
operating at its potential, does not meet its business
objectives.
Such a situation would require a more fundamental
business
transformation to eliminate or reduce the deficit
between business
objectives and business capabilities".
Contact:
Dee Ferguson
Director, Folliplex Center of Expertise
dee@folliplex.com
(903) 821-1875
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Our turnaround approach involves the
following key steps:
Review current situation
Financials, Business Operation
Most pressing problems and issues
Review business plan
Purpose, Mission
Goals & Objectives
Strategy
Prepare Plan of Action
Immediate, Short Term, Mid/Long Term
Provide Coaching, Guiding and Support
Areas to Address:
Service mix – high end/low end services
Service quality – client satisfaction,
service provider
performance
Product mix – range, focus
Product quality – suppliers, brands
Product and service sales – volumes,
margins
Purchasing
Fixed and variable cost
Marketing and business development
activities
Customer service and relationships
Staff management and relationships
Organization of work
Facilities - Location, organization, design
and
appearance of premises
Management
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