Corporate Turnaround

  • Create and negotiate debt restructure plan with lenders

  • Establish credibility in operations post debt write-offs

  • Position financials for external audit – all accounts scrubbed to insure data integrity

  • Position companies for acquisition

  • Specifics:

    Reversed a negative equity position, tripled revenue and increased profitability 600% in two years

    Reduced bad debt from $387K to $12K on a 4x AR base

    After a successful turnaround – quoted a purchase multiple of 11x.

    Developed GPM exception reporting - margin increased 4% in one year