How to recover a Small Company from a Crisis? (Case)?

Question

In 2002 I founded a company that sells turnkey online stores, websites and hosting, we distinguish for personalized design and service to mid-sized companies. Last October 2005 I moved abroad and sold 40% of stock to my best salesman, at that time the company was covering expenses and paying me.

2005: 100 clients (hosting) and 4 projects/month
2006: 80 clients and 2 projects/month

Since I left the company everything went down, at the beginning I thought it was because I was the office manager and many things were assigned to me, but I trained ppol before leaving. Today we have problems of employee participation (5 persons), problems of supervision bcs the executive associated stays out in meetings all the time and in low quality-innovation, resulting everything in:

-Old clients leaving and a lower rate of new clients/month

100% of our income is spent in payroll and office, therefore no advertisement can be done, no revenues to the owners.

I really want to save the company.

Answer 1

The answer is simple:
You must mind the store. Your partner and employees never will.
1) Cut costs,
2) Pay employees and partners based on tangible productivity/sales.
3) You retain a controlling interest in the company, your partner may make problems - remind him that he has failed (if he has failed and is cocky)
4) Examine the market for continued viability - reevaluate the vision for the company and execute policy to redirect.
5) NEVER add a partner without having a business savvy professional review the deal. Partners can KILL your business by failing to do what they should. You can KILL your business by failing to corral a partner's freedom in a business. A secondary partner should NEVER have free reign. They are not the ones who had the vision for, capital for or drive to build the business as you have done.
Finally,
FYI Salesmen make LOUSY partners.
Good luck.

Answer 2

so which you evaluate your guy's suitable to the different guy's worst. once you evaluate the extreme's and the lows of each and every guy or woman, barack loses the two situations. Ie Barack's low became ~6000 and bush's extreme became ~14K. "12+ Consecutive Months of own Sector activity strengthen;" And nonetheless unemployment is ~2 factors worse than bush's worst. What idiotic spin, in case you lose a million of jobs then strengthen one hundred each and every months for 3 hundred and sixty 5 days, it sounds sturdy to declare "blah rapidly weeks of activity strengthen" yet your internet result's -9988000 jobs which sucks. that's the comparable clarification why your unempoyment value is worse than bush's. This additionally completely ignores the reality that we borrowed funds from the chineese to make a pretend non everlasting upward thrust interior the financial equipment. clarify what occurs as quickly as we would desire to pay the money back?

Answer 3

you should pray.. and asked help to the Lord, wisdom and strength.. i believe that there is a reason why your company is in crisis or all your savings are going down.. and after that think what is a good idea of a simple and cheap project proposals to other clients or company.. you have to be a good planner a good implementor of the company.. and your attitude should be polite, treat your employee as a person too. because they can help you to increase your company..people is a good investment of a company.. hope that my answers willl help you.. God Bless

Answer 4

First off, I'd say get rid of any employee who's not pulling their own weight. Don't hire anyone new until your revenue starts going back up, and use the excess payroll funds for marketing. Hope this helps!