Includes bibliographical references and index.

Understanding corporate turnarounds -- Crisis leadership -- Controlling cash -- When banks attack -- Turnaround management -- Arsonists and regulators -- Insolvency and the law -- Debt restructuring out of court -- Strategic exits -- Building long-term value.

"This book is a complete primer on Corporate Turnarounds, focused on smaller entrepreneurial companies (generally under 1,000 employees) and is written for the CEO/Entrepreneur/Business Owner. It takes them from the initial cash crisis through the painful early meetings with the bank, then into developing a turnaround plan that customers, employees and creditors will support. Debt restructuring is done after the business has been stabilized and sets the owner up for a fresh start with a leaned-out business and a right-sized balance sheet. High-level members of struggling businesses will learn how to get out of corporate distress, saving jobs, fortunes and the communities they support"-- Provided by publisher.

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