What We Do
We are here for you, and to help take you to the next level.
Although we are experts in the field and have countless years of experience in the industry, we realize you may be completely new to the world of Turnaround Management. Below you can find a series of resources that will help you understand the intricacies of our methods that create magic for your business. This includes breakdowns of what goes into a successful turnaround, best practices when working with a financial advisor, and even techniques to guide a successful refinance process.
How to Transform Your Business Using a Turnaround Management Professional
Turnaround management is a specific set of strategies and practices that are used to transform a struggling business into a profitable and successful one. This process involves identifying and addressing the business’s weaknesses, as well as developing a plan to maximize the strengths of the business. By utilizing the skills of turnaround management professionals, businesses can use their resources more effectively and increase their profitability.
How to Lead a Successful Turnaround Management Initiative
Using the planning process outlined in this article during the interviews with potential turnaround management firms will help a business ensure the firm being hired will assist in achieving the best outcome possible for the initiative. Although every company is unique and a turnaround management initiative requires a tailored approach, there are several key principles that can help guide a successful turnaround management initiative.
What Techniques Will Help Companies Make The Best Use of a Financial Advisor?
As businesses continue to evolve and face more complex challenges, hiring an experienced financial advisor can be an effective way to gain new insights, develop innovative strategies, and increase efficiency. However, many companies make mistakes when hiring an advisor, which could have a significant impact on the value of the consultant’s services and the successful implementation of the strategies they recommend.
How to Ensure a Successful Refinance Process
The companies that are able to be successfully refinanced use a firm that understands the credit process and the refinance process. The Focus Management Group process has been successful because we know how to evaluate a company’s strengths and weaknesses, and match that to potential lenders. We guide the parties through the process and make sure everything that can be done to make a refinance possible is completed accurately and timely.
Working with a Company Through the Refinance Process
Most borrowers initially believe they will be able to quickly find a refinance option on their own, and they underestimate the amount of time and effort needed throughout the detailed process of closing the refinance.
Incumbent lenders often feel the need to give the company some time to work through the process on their own. When the company is unsuccessful everyone becomes more frustrated.
Is This a Good Time for a Borrower to Refinance?
The daily onslaught of negative business news seems to indicate all businesses are struggling and no lenders are lending. Nothing could be further from the truth!
To support those businesses and their lenders, we have been working with borrowers and lenders who want to stop working together to help the businesses find a new lender. We identify lenders who are experienced with the industry, the type of collateral, or the story of the company.