When a company is under performing, timing is critical. Delays in addressing problems can quickly lead a once profitable company to a distressed situation. In times of crisis, we first assess business and financial conditions, analyze cash flows, and stabilize operations. Then we meet with shareholders, employees, vendors, and creditors as necessary to build consensus and reestablish trust and credibility.
With stakeholders aligned, it’s possible to negotiate additional time, explore all corporate options, implement recovery strategies, and execute an achievable turnaround plan.
