Tag Archives: business turnaround

How Timely Referrals Help Struggling Companies

In the restructuring business, many of our assignments come through referrals. During 2015 we were able to assist a number of companies because a trusted advisor to the CEO or owner suggested that they might need help. However, sometimes that suggestion comes too late or the CEO/owner decides that they can fix their problem without assistance. As …

Ten Key Steps to A Successful Business Turnaround

The majority of business turnaround books are written by executives who have fixed Fortune 500 companies. These individuals implement business turnarounds by cutting large numbers of employees, tapping pension funds, getting banks to infuse capital and selling off assets to raise cash and decrease debt. However, few small- and mid-size companies can make such dramatic …