Saving a Money-Losing Business With a Business Survival Plan

Here are some business survival tips for businesses going through tough times.

Is It Time to Hibernate or Sell Your Struggling Business?

Closing your business -- even if it's temporary -- by either selling it or hibernating it, may be the best option right now.

Can Cutting Back or Changing Strategies Save Your Financially Struggling Business?

Let's look at all four options.

How to Cut Costs and Spend Less in a Cash-Strapped Business

There are many ways to reduce the amount of money flowing out of your business—and implementing just a few can make a big difference.

The Logistics of a Group Layoff

Here is an outline of a sound layoff protocol you can modify to your needs.

Keeping Your Remaining Employees After Layoffs

If your employees feel fairly treated under the circumstances and believe you have set a course to outlast the economic downturn, they are far more likely to stick by you.

5 Tips for Turning Around Your Financially Troubled Business

You need to create change and make cutbacks fast enough to bring income in line with expenses.