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SMALL BUSINESS TURNAROUND

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Date:2011-04-01

If you manage or own a struggling small- or mid-size business, you know how hard it is to stay afloat and turn things around when the going gets tough. You are not alone. The risk for failing seems to be greater with every passing year. According to the Small Business Administration, business failures rose an incredible 16.6 percent from 1986 to 1996. And business bankruptcies rose 5.3 percent during 1996 alone.

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