Speaking about Turnaround Management
By Forrest Blake The last 4 years have been an interesting time in business. During this time I rolled-up 15 GolfTEC improvement centers. Most people would think with a dramatic reduction in retail and discretionary spending, this would have been a disaster. The opposite was true. Opportunities presented themselves to purchase stores at an extreme discount and then overlay solid operational procedures and create profitability . . . which ultimately created equity value. This business was sold profitably in July of 2012. I currently am the CEO of a golf travel company called Fairway Vacations. This...
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