#42 - Insolvency, bankruptcy, and how to navigate turnaround situations with Jeff Sands, Dorset Partners

The Circle of Competence Podcast

This week, Victor and Benton spoke with Jeff Sands, founding partner of Dorset Partners, a firm specializing distressed business turnarounds. Jeff is also the author of "Corporate Turnaround Artistry: Fix a Business in 100 Days." In our conversation, we covered:

- What strategies Jeff uses in the first 100 days of a business turnaround

- How to negotiate with creditors

- A balance sheet turnaround vs. an income statement turnaround

- How to run a business during lean times

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