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Turnraround Tips

 

 

YOU NEED TO LET GO OF THE OLD, BEFORE YOU CAN MOVE FORWARD AND GROW. Pat Pattinson In order for anything to change or evolve, a sacrifice needs to be made. Sometimes this sacrifice is so insignificant you don’t even notice it; and sometimes the sacrifice can be so overwhelming…
“CUSTOMERS: THE UNWANTED NECESSITY.” Pat Pattinson Let’s go back to business basics: a business owns a product or service that a client needs or wants. That client, out of their own free will, comes to the business, determines the viability of the product by assessing the cost versus the benefit,…
“Business Organises the Chaos.” Pat Pattinson “A place for everything and everything in its place” - I’ve heard this so many times and every successful entrepreneur, that was not just lucky, will swear by it. Yet most small business owners take this statement for granted. Before you can fix a…
"You cannot grow or turn your business simply by cutting costs.” Pat Pattinson In terms of business turnarounds, cost-cutting is the biggest mistake made by consultants and entrepreneurs during the whole process. If you simply keep cutting costs, you very soon find yourself in the position where your business can…
“If you always do what you always did, you will always get what you always got.” Albert Einstein This original quote from Albert Einstein has been adapted and adopted by people like Henry Ford in his quote: “If you always do what you’ve always done, you’ll always get what you’ve…
“However beautiful the strategy, you should occasionally look at the results.” Winston Churchill When Winston Churchill said this he was no doubt talking about the war efforts during the Second World War, but it is just as relevant for today’s boardroom wars in business. I’ve seen companies spend ridiculous amounts…
“Business Rescue is not a team sport, nor is it a game played around boardroom tables using PowerPoint presentations or Excel projections. It is a war, fought at ground level where instructions need to be followed by those being held accountable.” Pat Pattinson The concept of Business Rescue is still…

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