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Our management turnaround service is your asset when you need it! Management turnaround is necessary when a business begins to show signs of trouble. Things like loss of cash flow, efficiency loss, high employee turnover, or loss of significant revenue streams. Usually these issues will show themselves in a lack of ability to remain current on debt and even a loss in morale inside the company. Any of these signs and more should signal the need for a corporate turnaround specialist.
Often times when a business is in trouble, business owners turn their backs on the inherent problems in their business. As the corporate turnaround specialists, we will never shy away or turn our backs on the problems and issues in your business. We will identify, prioritize, and resolve the issues that are jeopardizing your business. When a management turnaround is needed you want quality, knowledgeable and frank partners to help you through your issues. We can't fix all problems associated with businesses but we have been successful in helping businesses get out of the hole they're in and breathe new life into them as well. A sick business is dangerous on several levels. The issues of a business have a tendency to grow larger and larger as time goes on, if left unresolved. The problems then begin to morph out and begin attacking the healthy parts of the business until the business ultimately fails. Call us before it gets to that point please. The minute you recognize a problem exist, call us. Even if you don't engage us we may be able to give you some advice on what to do, when to do it and who should be involved. It's sad to say, but there have been several businesses that we have been contacted by that we couldn't help. They were to far gone by the time the principles called us. The reality is, we want to help you, not watch the liquidation happen. We know good bankruptcy attorneys, but frankly hate to refer anyone to them. Act sooner rather than later. If you are worried about the cost of hiring a management turnaround specialist, think more in terms of what does it cost not to hire one? Workout consultants are not all created equal. There are many that have limited or no practical experience in the actual art of reviving a company. It is important to remember, experience trumps theory. We have a deep knowledge of corporate workouts. Companies that have at one time or another been vibrant cash producing businesses that have fallen on hard times. In the vast majority of cases, we have been successful in reviving the businesses through instituting a mandate that begins with correcting the inherent problems inside the business. Generally speaking, the slow failure of a business can be linked to one or two significant events that have spawned many additional problems. Again, in most cases, identification of the original failure is the most critical. Once that primary issue is identified, we can begin to formulate a plan to restructure the business back to health. |