The business has changed. Now what?
If you're like most business owners, you've sacrificed a lot for your company - you worked long hours, juggled payroll and vendors, and missed family events. Until recently, the business was doing well and earning him a good income.
Today things have changed. The last few years have been tumultuous for the commercial and financial markets. The “Great Recession” brought considerable contraction and disruption for many companies.
An improving economy has posed its own challenges, as efforts to phase out excess capacity and comply have left many business owners unable to keep up with growing demand. He certainly didn't plan for this to happen, but his business is struggling ... and the pressure is mounting.
Which is the answer? A change of business course.
A guided course change works well for business owners who find that trying something different is better than continuing on the current course and risking the life of their business.
Status quo, you know, is Latin for 'the mess we're in'.
-Ronald Reagan
Before seeking professional help, you naturally have questions, such as:
What exactly does a change in business course entail?
What about my reputation in the community?
Is there a proven turnaround strategy you can trust?
We are passionate about helping you maximize and solve your financial opportunities and challenges, affordably and empathetically. Our business is your business and we are dedicated to working with owners to develop a specific change plan to get you back on the right track.
The business transformation process
A guide to achieving this is the Roadmap for Change. Our experiences are based on our decades of experience managing business training through tough times and helping owners revitalize their businesses.
The Business Transformation Roadmap is particularly effective for business owners with the following characteristics:
A strong work ethic and the will to succeed;
The maturity to know that your company needs more than more money to heal and stay healthy; Y
Manage a business with annual revenue of $ 2 million to $ 100 million.
Our services
Crisis management and business change services
Evaluations of problems and development of corrective exercise plans.
Business model validation
Revenue and margin optimization
Financial projections and models
Cost reductions and downsizing / restructuring
Negotiations with lenders, creditors and clients
Refinancing and capital acquisition
Performance improvement
Operational evaluations
Industrial positioning
Marketing plans and margin improvement
Integration and rationalization
Productivity improvements
Rationalization of the product line
Cost accounting margin validation
Business model refinement
How does the business transformation process work?
When you hire us as your change consultant, we will develop a custom change plan for your business and help you implement it:
First, we will stabilize your cash flow so that we can calm things down with your lenders and creditors.
Second, we will run a series of tests to diagnose your business problems. Based on the results, we will recommend solutions, prepare a cash forecast, and develop a written response plan for your business. We have the ability not only to analyze finances but also business operations.
Third, we'll prepare a series of action items and help you implement them as you guide the change to a successful conclusion.
Our response evaluations can generally be completed in about a month. In difficult cases, additional time may be required.
Business change experience matters
If you were looking for a medical specialist to treat a life-threatening condition, you would naturally want one who knows what they are doing. We've been making changes for a long time and we have the experience and industry credentials to prove it. A long list of clients have turned their businesses upside down and returned to profitability. It's a reasonable bet that you can too.
Are we the right gear specialist for you?
The answer depends on several factors. We produce the best results for clients who are willing to fix their businesses and who can adapt to modest changes. However, there is not much we can do if you think that borrowing more money will cure an unprofitable business.
How to start
The first step is a free half-hour phone conversation with one of our response specialists. This allows you to learn more about the response process and what it entails. The call also lets you learn more about us and how we can help you. At the end of the call, you will know if the chemistry is correct and you want to continue.
Fill out the form below to schedule the initial call.
Learn more about our Turnaround consulting services
For an assessment of your needs and an estimate of the fee, please let us know how to contact you: