Addressing Transition and Turnaround Situations
Situation Analysis
- Business overview
- Management assessment
- Operations overview
- Accounting and asset assessment
- Assessment of internal controls and systems
- Initial cash flow analysis
- Customer and product profitability
Turn-Around Plan And Management
- Develop turnaround strategy plan
- Execute short-term results oriented plan
- Develop priorities and create operations improvement plan
- Develops daily operating report
- Set-up management and review process
- Relationship management with debt and equity holders