With this slow economy I am quickly sinking. Should I look into filing bankruptcy, finding investors or simply selling my new dream bakery?

Guest Writer
min read
Opinions expressed by Entrepreneur contributors are their own.
First off, it's not about going bankrupt or shutting down--it's about getting the information and advice you need to make the business a success. In this type of environment, you need to sell your way out of your situation, and you can only do that with a good sales and marketing effort.

If your products are truly amazing, package some up and drop them off at a radio station or TV station and get a buzz going about your products and business. That's the first step in turning your situation around.

The second step is to shoot me your contact details so I can put you in touch with one of our coaches, who can guide you as to what you need to do long-term.

It really pains me when I hear stories like yours--it's one of the reasons I started coaching in the first place. So start thinking about ways to increase your sales and marketing, and e-mail me at bradsugars@actioncoach.com so I can direct you to the coaching resources you'll need to not just survive short-term, but thrive in your business over time.

All the best.
Brad Sugars

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