Crisis and Turnaround Management
A Financial Resource Associates interim team enters a company with fresh eyes and evaluates each unique situation with complete objectivity. FRA advisors and turnaround managers spot problems and create new solutions that may not be visible to company insiders because of their closeness to the subject. A turnaround manager has no political agenda or other obligations to affect the decision-making process, allowing them to take the necessary steps for survival or consider alternative options.
An FRA Team brings experience and deep expertise in crisis situations, making critical decisions quickly in order to produce the best result. Although every situation is unique, in many timing is key on many important decisions. Operating in the eye of the storm, FRA advisors and turnaround managers deal equitably with angry creditors, concerned employees, wary customers and a nervous board of directors. With the highest stakes on the table, clearly this is an assignment for those who have the experience to approach the situation head on, without blinking.
In addition to interim management, our advisors can also provide:
- Business Assessment
- Business Evaluation
- Profit Improvement Strategies and Insight
- Cash Flow Improvement Strategies and Insight
- Additional Restructuring Solutions if needed
- Additional Reorganization Solutions if needed
Our management team possesses extensive hands-on experience in the key functions across a broad range of industries, with expertise in managing turnaround situations.
To learn what we can do for your situation, please contact us today.