Business Turnaround Explained (A Practical Guide)

This guide is intended to create a common frame of reference for managers/business owners and consultants alike. It ? is aimed at all types of businesses (regardless of whether the goal is to turnaround / restructure / optimize the business) ? explains Business Strategy and Management "Best Practice" ? acts as a guideline for SMME's (Small, Medium and Micro Enterprises) You will find that a lot of this is "common sense" but you probably have never thought about business in this way. Hopefully, this will open your mind to new thinking and enable you to ***look at your own business with "different spectacles"***. It was written in simple terms, in a ***loose style***with short, practical examples to explain the concepts, using a "broad-brush" approach. There is also a link to a Microsoft Power BI (Business Intelligence) Demo with examples of "Best Practice" in Forecasting and Monthly Reporting, as explained in the guide. The author has worked as a Management Accountant and as a Financial Manager. He then made a career change to Systems Implementation and Management. He does Management Consulting with a focus on Business Turnaround. He is a member of the Turnaround Management Association Southern Africa (TMA_SA). He has an MBA / MBL (Master's Degree in Business Leadership) from the University of South Africa (UNISA)'s School of Business Leadership (SBL) with majors in: ? Advanced Strategy ? Business Process Reengineering (BPR) and ? Marketing of Services