Tag Archives: restructuring firms

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 …

Just Say No to Failure

When a company hits turbulent times, there will likely be people on the sidelines advising you that it is time to throw in the towel, give up or shut it down. However, the companies that survive are usually the ones that don’t hear the noise and refuse to accept the negativity. These companies will change …

Why Good Communication is Vital for Turnaround Companies

Everyone wants to communicate good news. We want to hear positive feedback and maybe a few accolades for a job well done, but what happens when you have to share poor news or just plain bad news? Did your communication skills just slip out the back door? Did your self-esteem slide out with them? So …