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Help My Failing Business!

If your business is nearing extinction, these techniques can prevent it from becoming a thing of the past.

This story appears in the March 2003 issue of Teen Startups.

Q: My business is on the brink of failure, and I don't know what to do about it. Any suggestions?

A: Most successful entrepreneurs will tell you that they have had one or more businesses fail before their current one succeeded. However, it can still be a very disheartening ordeal to go through when your business is not living up to your expectations. There are a number of turnaround consultants whose job it is to help keep your business afloat, but they typically charge large fees and require payment upfront. Here are some simple ways to begin looking at your business in a new light.

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