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Welcome to Ask the Advisor.
Your chance to get valuable business insights
brought to you by VonLehman
all the time around professional
our role is to assess the situation objectively
with an eye towards the most
positive outcome possible
we've used for that i a waiter organization's position from any angle
then review it with leadership
and present options for
and in many cases assist
with implementation of the plan
you nearly
thirty years i've rarely end of the situation
where leadership was totally unaware of existing problems
these are simply people however they don't prioritize their attention towards
problems
many times
they differed dealing with problems hoping they'll resolve themselves
in history
business environment they really do
offered to prioritize their activities
to driving sales
retaining good employees
then maintaining solid quiet relationships where possible
lack of awareness is not a problem
knowledge
and action of available solutions
is generally the problem implementation of the plan is where it's really round
advisors insights
is critical
we initially defined and then work to diminish the problem
the process often begins with a series of reviews including
review of financial statements
review of operating expenses review of purchasing practices and review of the
signals control
these findings will uncover steps to be considered and implemented
to resolve problems
and they also want to offer
overlooked profit centers
hard rains on capital
to the untrained eye
these discoveries may not be obvious power role is to know what to look
employer
and always advise our clients to focus
on their strengths
rely on the strength of artists to support them
although i know if my business organization
needs to consider talking to a turnaround professional
the simple answer mighty business trends including expense ratios
cash flow
and operating profits are suffering
that's the time to speak to someone
risk and talking to a professional
the risk isn't doing nothing
since nineteen eighty six my team and i have been working with underperforming
problem businesses and organizations throughout the united states
canyon hundreds of situations my question has been
why weren't we contacted the police
the obvious truth
his most businesses or organizations know when they're profitable
growing and on solid financial footing
they enjoy looking at the numbers
underperforming kennedy's rarely look at their numbers closely since the news
business positive
point performance becomes neutral
or decline begins our even when growth ki abhi finance thorough often overlook
issues
the reasons vary
two degrees very
get no matter the size structure for years and business
each situation
recognized early in the early any entity
can recover successfully from these matters
what are some of the early signs of a potential declined
we have a worksheet available but here are some questions that any leader or
business owner can i ask
if you find yourself answering these questions positive light
he should contact the turnaround advisor
seizure inventory growing while sales are not
have your gross profits been declining year over year
ten-month old remarks
are your accounts payable figures growing
as your bank refused to extend financing four discourage financing being reduced
have you experienced significant employee turnover in the last twelve
months
is the business beginning to grow without the financing necessary
to meet the needs of the company
in summary
early recognition of trouble signs makes turnaround choices most cost effective
than available
if you think your business organizations
namely that assessment
you should contact us
there's no risk in discussing your situation with an experienced turnaround
professional
their gives considerable risk and waiting to leave
endeavour air a team of confidentially health care management team
to assess the situation and work with you to develop
implement a plan that suits your objectives successful