Restructure and rescue a company.

[Anonymous No.55522702]

Red pill me please on how to restructure a struggling business/company. What are the most important things to cover, must-haves, showstopper. What are the top 3 things to focus on? Any book recommendations?

[Anonymous No.55522713]

>>55522702
1. Not caring
2. Put all your money in novavax

[Anonymous No.55522823]

>>55522713
sorry for not shitposting. i'm new to this subreddit :(

[Anonymous No.55522833]

>>55522702
I do this for a living.

You need to ask yourself a few questions about the business/ market you are in.

First what market are you in? Consider the bar for entry and the margins you are working with. What market share does this business have and who are your competitors. Are you even competing with those competitors?

Next, what has made the business struggle? Are those external or internal? Generally, most businesses struggle because of culture and poor management. Mostly the latter.

Last (not really but these are some that I look at first and you asked for three), what does the P&L look like, what are your expenses? Are these discretionary? Can you reduce the expenses you currently carry by offshoring parts or entire operational sections of the company to third party contractors?

[Anonymous No.55522846]

>>55522823
Shitcoin plebes abound here. They do nothing and are probably financed by the Juden

[Anonymous No.55522920]

>>55522833
Thanks for you input mate. Are you doing this as a profession or as a hobby with your own funds? And did you how acquire your knowledge about this topic? I just ordered "the six-month fix" by gary sutton, which was recommended to me a s primer. Don't know if it's any good, but since going back to college to learn such things is no option for me (38yrs old "boomer"), I read whatever I can get my hands on.

[Anonymous No.55522964]

>>55522920
Now worries, I do this as a hobby. I acquired most of my knowledge through trial and error. NOLO offers some great but very dry guides on business and regulatory aspects. I use my expertise to turn around small, troubled companies for either a fee or a small share in equity.

What kind of business are you working with?

[Anonymous No.55522988]

>>55522702
1. be jewish and work for a private equity firm
2. buy a distressed company with collateralized debt
3. fire 50% of the workforce and force everyone else to work overtime
4. keep this up for a year so you have a year of good financial results to show (muh EBDITA)
5. sell the company to another company for way more than its worth

[Anonymous No.55523005]

>>55522988
Working overtime even on a reduced payroll will still outpace a bloated payroll on a strict 40.

[Anonymous No.55523037]

>>55523005
depends on the situation. for hourly employees you have a point, but it's still possible to min-max for some sort of advantage because health insurance benefit costs are fixed rather than variable. for salary exempt employees, the sky is the limit.

[Anonymous No.55523072]

>>55523037
Yes that is true. Generally, in the past I give 30 days notice and lay off the salary people and only keep essential folks on hourly with a strict 40. Then farm out overseas what roles I can.

That dramatically cuts down on expenses.

[Anonymous No.55523078]

>>55522702
>What are the top 3 things to focus on?
Sack the jews
Sack the indians
Sack the niggers

[Anonymous No.55523103]

>>55523078
Not even,

Sack the lazy
Sack the uncooperative
Sack the passive
Sack the "creative"

Replace them with Pilipino contractors that work for $5 per hour

[Anonymous No.55523224]

>>55522964
sounds great. Thanks for the NOLO tip. Will have a deeper look into that.

Currently i'm working as a bank employee, giving loans to SMBs but mostly for real estate or operating loans (idk if this is the correct english term for it). Witnessed a few businesses going down the drain because the operational and financial management was just shit. So i thought: "if they already fucked up, maybe i can help unfuck them". Even if not, nothing of value was lost.

[Anonymous No.55523283]

>>55523224

Cool, keep an eye out for business owners that are struggling. Thats how I find them. Then provide a value add to them by fixing something small. Keep in mind, you should speak to an attorney before you venture into any relationship with a troubled business. Come up with an agreement that will place all liability on the owner should you fuck up.

Considering that English isn't your first language see if you can find any legal guides in your country that are similar to the NOLO guides. They provide great general concepts but outside of that you are getting into the weeds of Codified law and Common Law regulations. Here in the US it's more or less like 50/50 codified and common law when it comes to business. Additionally, you also have to think about industries that are more regulated than others.

I stick to construction or labor-based businesses.

[Anonymous No.55524283]

>>55522702
>be hungry
>dont care
>die of starvation
BASED