Business Turnaround podcast
Welcome to ”Business Turnaround,” your go-to podcast for insightful strategies on managing companies in decline or distress. Hosted by Marek Niedzwiedz, a leading hands-on turnaround investor in SMEs, this podcast delves into the critical aspects of business recovery. Tailored for blue-collar industries, this podcast is ideal for business owners, consultants, and aspiring entrepreneurs. ”Business Turnaround” provides the knowledge and tools you need to navigate challenging times and drive your company toward success. Tune in to discover actionable insights and inspiring stories of business transformation in the blue-collar sector.
Episodes

4 days ago
4 days ago
When companies are in trouble, merging with another business often seems like a quick fix—a way to scale, cut costs, or breathe new life into operations. But here’s the hard truth: most mergers between private companies don’t work out. Instead of solving problems, they compound them. And if you’re not careful, what you thought was a lifeline can end up being an anchor.

Thursday Mar 20, 2025
Leading a Turnaround with the Team You Have—Not the One You Wish For
Thursday Mar 20, 2025
Thursday Mar 20, 2025
In an ideal world, every struggling company would have a team of top-tier managers and high-performing employees ready to execute a turnaround plan. But that’s rarely the case. When a company is in trouble, instability makes it difficult to attract top talent. Often, you’re working with the same team that got the business into trouble in the first place—or a team that’s already demoralized and skeptical about the future.

Thursday Mar 13, 2025
Challenges into Opportunities. A New Mindset for Business Turnaround
Thursday Mar 13, 2025
Thursday Mar 13, 2025
A business turnaround isn’t just about fixing problems—it’s about reframing them into opportunities for growth, innovation, and transformation. Think about two business owners facing the same challenge. One sees declining sales as a sign that the business is failing. The other sees it as a sign that the market has changed and that there’s an opportunity to pivot, adapt, and improve.

Thursday Mar 06, 2025
Leadership Over Management—The Key to a Successful Turnaround
Thursday Mar 06, 2025
Thursday Mar 06, 2025
When a company is struggling, strong management skills alone won’t be enough to save it. Yes, you need systems, processes, and accountability. But turnarounds don’t happen because someone made better spreadsheets or improved reporting. Turnarounds happen because of leadership. And leadership is not about being liked. It’s about being understood, respected, and effective enough to make the tough calls and steer the business out of crisis.

Thursday Feb 27, 2025
The Power of Focusing on Solutions in a Business Turnaround
Thursday Feb 27, 2025
Thursday Feb 27, 2025
When a business is in trouble, it’s easy to get caught up in everything that’s wrong. The cash flow issues, the declining sales, the debt piling up. But here’s the hard truth—focusing on problems won’t fix them. What separates those who successfully turn businesses around from those who don’t is a shift in mindset: moving from problem-focused thinking to solution-driven action.

Thursday Feb 20, 2025
The Key to Business Resilience and Growth
Thursday Feb 20, 2025
Thursday Feb 20, 2025
At the heart of every company’s success lies its profit core. Think of it as the engine that keeps your business moving forward, even in challenging times. It’s not just about where you make money, but how you make it—and how you can keep that engine running efficiently and consistently.

Thursday Feb 13, 2025
How to Determine Your Cash Runway and Strengthen Your Business Recovery Plan
Thursday Feb 13, 2025
Thursday Feb 13, 2025
When a business faces challenges, cash becomes king. In fact, it’s not just a cliché—it’s reality. Cash flow isn’t just another metric to glance at once a month; it’s the lifeblood that determines how long your company can weather storms, make changes, and emerge stronger on the other side. That’s why understanding and calculating your cash runway is one of the most important steps in any turnaround.

Thursday Feb 06, 2025
Finding the Cut: Never let a good crisis go to waste.
Thursday Feb 06, 2025
Thursday Feb 06, 2025
Running a business comes with a constant balancing act: you’re always weighing costs, managing resources, and trying to keep growth on track. But what happens when the tide turns—when revenue dips, margins shrink, and cash flow becomes a trickle? That’s when the tough decisions come into play. It’s not easy, but finding where to cut isn’t about simply slashing expenses indiscriminately. It’s a disciplined, strategic process that lays the foundation for recovery and future success.

Thursday Jan 30, 2025
4 Steps to Rescue a Capsizing Company
Thursday Jan 30, 2025
Thursday Jan 30, 2025
No company is immune to trouble. Whether you’re running a blue-collar SME or managing a larger enterprise, the first sign of distress is often liquidity issues—not enough cash to cover your bills. This is the moment when decisive action is needed, and as a turnaround expert, I’ve seen firsthand how these four steps can help steady the ship.

Thursday Jan 23, 2025
Overcoming Your Fear of Financials
Thursday Jan 23, 2025
Thursday Jan 23, 2025
For many business owners, the numbers side of the business feels like a foreign language. Maybe it’s overwhelming, or maybe it feels like something you’d rather leave to the accountant. But here’s the truth: understanding your financials isn’t just a nice-to-have—it’s essential, especially during a turnaround. Your profit and loss statements, balance sheet, and cash flow reports are the compass that tells you where your business stands and how to move forward.