Plan for a Turnaround Well Before You Need To

When business is “going gangbusters,” it can be tempting for even the most conscientious controller to overlook instances of inefficiency and waste. But good times are the right times for companies to start planning for—and making—a business turnaround, advises Wayne Spivak, President and CFO, SBA * Consulting, a company that provides part-time or interim CFO...