The Turnaround Plan


The turnaround plan presents our findings and recommended action typically in outline form.Time is of the essence.We do not wait to issue formal reports before recommending and/or taking action.In a severe liquidity crisis, the action plan may be preparing and executing a short-term cash flow plan.


The planís objectives, depending upon severity, are as follows:

         First, stop the bleeding (cash outflow).

         Second, maximize short-term cash resources.

         Third, fix the causes of the bleeding; focus on:

         The core segments and products.

         The problems with the highest turnaround leverage.

         Fourth, restructure the debt/capital.




Troubled Companies

Keys for Success

Our Approach