Focus Management Group’s turnaround management professionals use a process-driven approach to quickly assess a distressed company's situation in order to offer stakeholders clear recommendations on the best course of action.
We start by undertaking a Situation Analysis, which provides a rapid, factual assessment of the current situation, including a review of cash flow, debt service capacity, capital structure, products, services, operations, reporting systems and controls and management team capabilities. We analyze the situation, determine the immediate needs and develop action plans.
The next phase is to implement a turnaround plan to maximize cash flow, which often involves re-engineering the company's processes and rationalizing its operations. To obtain optimum results, our turnaround management specialists are available to assume key managerial roles within the company on an interim basis. We attend to the vital aspects of the business - cash flow, bank and creditor relationships, and vendor and employee relations.
Our turnaround management specialists are experienced in all aspects of reorganization and rehabilitation, including restructurings both inside and outside of bankruptcy protection.