Turnarounds and Crisis Management

Turnarounds and Crisis Management

Whether acting as an advisor to senior management or taking a more active role as Chief Restructuring Officer (CRO) or interim executive (CEO, COO or CFO), we move quickly to resolve a crisis and stabilize the company.

After forming the turnaround team, we immediately determine the cause of the problem, implement procedures to regain control of cash and stabilize operations. We are in constant communication with creditors, employees and all stakeholders as the company begins to generate positive cash flow.

Once the company has stabilized, we monitor operations through operational and financial reviews to ensure continued viability.

To assist management, Beane Associates:

  • Utilizes True Cash Flow™ reporting to manage cash
  • Communicates and coordinates with creditors, employees and shareholders
  • Provides complete overview of the organization
  • Prepares detailed marketing and business plans

Read recent Turnarounds and Crisis Management case studies:

Manufacturing Company

Aerospace

Consumer Products

Architectural and Engineering

 

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