Overextended Business: How to trim the fat and get back on track

1. Know your numbers

Cash flow and profit are your early warning systems. Get a clear picture, and don’t fudge the data.

2. Focus like a laser

Double down on your core business. Drop or pause anything that isn’t profitable or aligned with your strengths.

3. Cut where it hurts less

Review overhead ruthlessly. Office space, subscriptions, marketing? What can you live without while you rebuild?

4. Be honest with your stakeholders

Don’t hide problems. Talk openly with lenders, investors, and your team about your plan to get lean and grow again.

5. Plan in manageable chunks

Set realistic growth targets that your current resources can handle. Build momentum step by step.

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Click the button below to read the article on how to align your team towards success.

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