Distressed companies face an uphill battle when determining strategies for restoring profitability. Addressing the financial and operational difficulties requires swift and appropriate measures.
There are a number of available resources and consultants within the tri-county area that will help facilitate the strategic, operational and financial actions necessary to restore profitability. Depending upon your needs, we offer a flexible approach designed to improve your business operations and ultimately your financial performance.
We work with you to:
Manage the crisis situation and restore stability for the business
Review expenses, credit relationships, and cash flows
Develop cash management and debt restructuring plans
Define a new strategy based on market analysis, competitors and core competencies
Develop a new business plan for going forward
Identify methods for improving organizational structure and staffing levels
Develop reorganization plans and forecasts of future performance
Identify key performance measures and track progress weekly
Our assistance is designed to position your company for survival by enabling you to:
Continue operations while managing debt
Reshape the organization for improved efficiencies and profitability
Improve operational performance
Foster development of new management methods to control and manage your business
These resources include trained consultants within the county including the Economic Development Offices, Chambers of Commerce, Small Business Technology Development Centers and Michigan Works! Business Professionals. A team of professionals from each organization will visit with you to evaluate your business and develop a strategy best suited for your specific needs.
For more information or immediate assistance please complete the assessment form link. We will review the information, create the team of consultants and contact you for an assessment meeting.