Why Us:

We’ve walked the miles in your shoes. Most of us are former business owners, not consultants. My first two turnarounds were our family manufacturing business, and the bank always had the upper hand because, even with an MBA, I didn’t understand the world of insolvency. This ignited a passion within me, leading me to spend years immersed in the intricacies of the turnaround process. It led to what is currently the leading book on the topic and an unparalleled track record.

Here are the questions we ask walking in the door:

• Does this business have a reason to exist? If it does, we must save it.
• Can we survive on internally generated cashflow? If not, we need to scramble for outside capital to keep the doors open.
• What do the shareholders want? We need to get you to the best outcome possible. To be honest, sometimes that play out beautifully like a Hollywood script, and sometimes it’s getting a clean exit with little more than your pride and your hide.

Our mandate is to absorb all the information, assess the situation, develop the best plan possible, and then get to work making that happen.

Here’s the process:

1. Stabilize and secure cash. It’s the lifeblood of your business and the first problem to solve. Think of this as the cashflow forecast.
2. Dive deep to identify the root cause (what caused these problems in the first place?) and solve that. Think of this as repairing the income statement.
3. Right-size the balance sheet to match the company’s ability to service debt.

When done, we ride off into the sunset and bid you adieu. Our projects are generally 3–9 months in duration.