By knowing some basics about financial distress and asking the right questions, directors can spark a constructive dialogue and change the course early enough to make a difference.

Do you know the early warning signs?

Are you acquainted with the initial strategies to affirmatively address financial distress?

Do you feel you are able, as a director, to ask the right questions about financial distress and how to get help for your company?

This article addresses these critical questions and provides tools for talking about distress at the board level.