Businesses are often subjected to challenges — financial and otherwise. Whether due to internal or external issues, companies have a wide variety of options from which to set up and manage a successful turnaround.
While a downturn in business is often hard to predict or control, solutions to devise and execute a workout strategy should not be procrastinated. Depending on the needs of your company, a turnaround specialist can offer a flexible approach tailored to improve your business operations.
The turnaround professionals at RMA are a valuable resource for distressed companies and their creditors and stakeholders. Our professionals have provided turnaround/ consulting services in various situations across a number of diverse industries. We help companies understand critical causes of poor results and assist management in executing the strategic decisions necessary to restore distressed companies to profitability. We also help companies negotiate with creditors and other parties.
and loan workout
Troubled business financing
Potential cost reductions
Cash flows and liquidity issues
Escalating competition, increased business costs, and declining markets all represent changes that business owners can't control.
Even when businesses are doing well, sources of continued financing and credit can sometimes be difficult to obtain.
When cash flow slows, putting off payment to vendors can be a tempting source of temporary refuge. However, persistent problems with cash flow can result in ompounded challenges for distressed companies.
The financial implications can be complicated, debilitating and devastating, with or without insurance.