When good people turn bad: A lesson learnt from business failure

  • Recruitment time and financial costs give very poor value for money
  • Legal and redundancy protection for staff create the wrong incentives for businesses under pressure
  • The success or survival of any business is down to the quality and motivation of its team

In a very honest account of a previous failed business, entrepreneur Neil Lewis argues that the people you employ when times are good aren't necessarily the right people when things go wrong.

Almost a year ago I took a fateful decision – to close my business which only two years previously was a £4m per year turnover company. 

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