The Triangle Business Journal reports in its Nov. 14 edition that the down economy is proving profitable for corporate turnaround experts. This illustrates an economic fact that is too often forgotten in a world that focuses only on the negative: The economy is constantly changing and adapting, and where there is a loser, there will be a winner as well.
From the TBJ (I can’t find a link):
About 70 percent of the consultants and financial advisors surveyed by the Turnaround Management Association reported 10 percent growth in their busines since last year. Most expect their revenue to grow by 25 percent next year.
