How to Turn Around a Failing Business by Darlene M. Ziebell

Are you struggling to keep your business afloat? Feeling overwhelmed by financial challenges, operational inefficiencies, or declining sales? You're not alone, and help is here!

I'm excited to introduce my exclusive webinar, "How to Turn Around a Failing Business," designed specifically for entrepreneurs, business owners, and managers who are ready to transform their struggling ventures into thriving successes.

In this webinar, you'll discover:

Proven Strategies: Learn effective techniques for identifying and addressing the root causes of your business challenges.
Financial Mastery: Gain insights into financial restructuring, cash flow management, and cost reduction.
Operational Excellence: Explore ways to streamline operations, improve productivity, and enhance customer satisfaction.
Marketing Revamp: Uncover powerful marketing strategies to boost your brand visibility and drive sales.
Leadership Insights: Develop the leadership skills needed to inspire your team and lead your business through tough times.
Join me on this journey to business recovery and growth. Through real-life case studies, practical tips, and interactive Q&A sessions, you'll leave equipped with the tools and confidence to turn your business around.

Don't miss out on this opportunity to revitalize your business. Check out my SlideShare presentations for a sneak peek into the webinar content, valuable resources, and actionable advice to get you started on the path to success.

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TURN AROUND A >
FAILING BUSINESS

BY DARLENE M. Z

Webinar Presentation - 2024

2. MO) ABOUT
DARLENE

introducing Darlene Ziebell: A World-Class Business Advisor
with a Proven Track Record. With four successful
entrepreneurial ventures, resulting in 7 and 8-figure successes,
Darlene built, grew, and successfully exited these companies.
She is one of the top 1% of successful business owners in the
US.

She advised over 250 entrepreneurs and named as clients 20%
of the Fortune 1000. She hand-selects exclusive clients who
are ready to elevate their business game. You'll be glad you
met her first.

Darlene M. Ziebell

Business Strategy
Specialist

‘Copyright 2024 Darlene M. Ziebel AL Rights Reserved

3. Strategic
_/ SYSTEMATIC | A
Refers to actions, decisions, or plans

APPROACH to achieve long-term goals or

objectives.
Ta!
¿Q,

Operational

<O>

Itinvolves the practical aspects
of running a business or
carrying out specific tasks, often
within the framework

established by strategic These measures are crucial for decision-making,

decisions. financial analysis, and evaluating the effectiveness of
financial strategies within an organization.

Financial

Refers to quantifiable metrics used to assess the
financial performance and health of an organization.

4. O) DEFINITION OF
STRATEGY

A strategy is a plan to achieve goals by making informed
decisions amid uncertainty. It involves analyzing, setting
objectives, allocating resources, and taking action to reach
desired outcomes. Strategies can be developed at different
levels within an organization and should be clear, flexible, and
aligned with the organization's mission and environment.

Clear communication and coordination
Optimal planning

Copyright 2024 Darlene M. Ziebell All Rights Reserved

5. STRATEGIC
ROADMAP

Strategy - Long Term Goal. Where
are you now? Where are you going?
Who is using the operational and
financial measurements to make
adjustments.

Operational - Who’s driving the
business? Who is making decisions
on day to day activities?

Financial - Who is measuring the
progress and cost of making this

business move forward? What are these
numbers ? Copyright 2024 Darlene M.Ziebe AU Rights Reserved

6. GENERAL STEPS “)

EACH STEP USED IS DETERMINED ON THE SIZE OF THE COMPANY

PART ONE

Assessment Develop the Plan Stabilize Cash Flow

Ei a «ÓN
se Reevaluation Optimization

copyright 2024 Darter

7. GENERAL STEPS |)

EACH STEP USED IS DETERMINED ON THE SIZE OF THE COMPANY

PART TWO

Marketing £ An
sa Productivity Get Help

Restructure
Finances

Monitor and Build the Future
Adjust

copyright 2024 Darter

8. Identify root causes by checking
finances, market position, and
operational efficiency.

Copyright 2024 Darlene M.Ziebel Al Rights Reserved

9. ONCE THE ROOT CAUSE IS
DETERMINED

Begin to develop a turnaround plan. Set
clear and realistic goals for the short-
term, medium, and long-term.

il Create the Plan
Prioritize and focus on critical issues that
need immeditate attention.

Copyright 2024 Darlene M,Ziebel AU Rights Reserved

10. QUESTIONS? “ ) i

COMMENTS?

11. O STABILIZE
CASH FLOW

+ Identify and address cash flow bottlenecks
+ Negotiate with suppliers for better terms

+ Manage inventory levels

+ Reduce unnecessary expenses

+ Obtain pre-payments and deposits

O

Copyright 2024 Darlene M. Zebelt A Rights Reserved

12. Communicate transparently with
employees, customers, suppliers, and
creditors.

Seek support and collaboration from key
stakeholders.

Copyright 2024 Darlene M,Ziebel AU Rights Reserves

Engaging Players

13. ES

Reevaluate the
business model

“>, REEVALUATE

Assess the product or service
offerings and make necessary
adjustments.

Explore new markets and
customers.

Consider diversification or
specialization on market demands.

Copyright 2024 Darlene M Ziebel Al Rights Reserved

14. O OPTIMIZE
OPERATIONS

+ Streamline processes to improve efficiency
+ Reduce unnecessary overhead and operating costs
+ Renegotiate contracts with vendors and service providers

Es

Can the business create a differentiator to compete?

Copyright 2024 Darlene M. iebel A Rights Reserved

15. QUESTIONS? “ ) i

COMMENTS?

16. Reassess the marketing and target
audience.

Develop promotions and incentives to
attract customers.

Enhance the sales process and customer
relationship management.

Copyright 2024 Darlene M,Ziebel AU Rights Reserves

MARKETING &

17. Improve employee
morale &
productivity

MORALE

Is the issue with an employee?

Communicate openly with employees
about the turnaround plan.

Provide training and support to adapt
to changes.

Recognize and reward employee
efforts.

Do you need to replace employees?

Copyright 2024 Darlene M Ziebel ll Rights Reserved

18. & SEEK
ADVICE

+ Consult with financial advisors, industry experts, and business consultants.
+ Consider legal and accounting advice for restructuring or negotiating creditors.
+ Verify their credentials.

Seeking advice depends on your skill and situation.
This may be the first step. nsc 2e0ainungnsreseves

19. Renegotiate loans and payment terms
with creditors.

Explore debt restructuring options.

Consider equity financing or investment
from external sources.

Copyright 2024 Darlene M,Ziebel AU Rights Reserves

Financial

Restructuring

20. Monitor and Adjust

MONITOR

Regularly review the progress of the
turnaround plan.

Be flexible and willing to adjust

strategies based on results and
changing circumstances.

Copyright 2024 Darlene M Ziebel ll Rights Reserved

21. ©) BUILD
~ FUTURE

+ Once stability is achieved, focus on long-term growth strategies.
+ Invest in innovation, techology and market research in your long range planning.

Is your turnaround plan built for growth?

copyright 2024 Darlene M. Ziebell All Rights Reserved

22. QUESTIONS? “ ) i

COMMENTS?

23. PA,
FINAL ~
THOUGHTS

+ Turning around a failing business takes time, commitment, and
adaptability
+ Involve key stakeholders, maintain open communication, and be
willing to make tough decisions,

Stay in Touch

Darlene darleneziebell.com
Visit my website
www.DarleneZiebell.com

Copyright 2024 Dartene M,Ziebell All Rights Reserved

24. Transform setbacks into comebacks !

Don't miss out - grab your
eBook copy now!

by Darlene Ziebell

Business Expert

25. | CONTACT ME aS

312-778-6406
www.DARLENEZIEBELL.com

[email protected]

+ 50% off your first session
+ FREEdownloadable eBOOKS

N Presentation By Darlene M. Ziebell