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How to Save a Small Business by Ian Turner

The full title of the book by Ian Turner is

How to Save a Small Business: When you can’t afford to lose it

In my review posted on Amazon.co.uk, I gave it 3 Stars.

Here is my review.

Helps you to face up to the issues

Insolvency is a legal issue and this book talks about various legal issues but it’s written based on the USA. It’s essential you find out about your own country’s requirements.

While the rules will be different, it spends significant time talking about how you can protect your personal assets if the case is inevitable.

The next step is to control cash flow and costs to create enough time to develop a plan to turnaround the business.

The final stage is about how to develop the strategies to turnaround the performance of the business. The ideas are presented in bullet form and are short and concise. Unfortunately I think this is the weakest part of the book because it doesn’t help you form an assessment of whether the product-markets the business is active in, offer potential for future profitable growth or help you to analyse what is needed in terms of advantages or strengths to exploit any opportunities.

Even though the law doesn’t apply to you, assuming you’re based in the UK, the book highlights important issues to consider and at least provides you with the kinds of questions you need to be asking an insolvency professional or a lawyer.

There are many thousand of business books, you can see the full list of my reviews at Business Books Reviews by Paul Simister (Please click). I've also narrowed these down to a list of the 12 Best Business Books For Business Owners & Entrepreneurs (Please click).

Paul Simister is a business coach who helps business owners who are stuck or struggling, to get unstuck. You can then start attracting, converting and keeping more customers. If your business is based in the UK and you feel stuck, get a Business SOS consultation (please click) with me to get you unstuck.

Don't forget to download and read my FREE Report - The SIX Steps PROFIT Formula: The Simple Rules That Every Small Business Owner Needs To Know available to download at Six Steps Report (Please click).

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