If you are concerned about the future of your small business; if you are currently experiencing slipping revenues and eroding profits; if you have too many vendors calling on past due payments, then you have definitely come to the right place. At TurnaroundCoach, we specialize in providing turnaround services that transform troubled small companies into strong, viable ones.
Strained financial resources, demoralized executives, fearful employees, unhappy customers, tense bankers, angry investors, and competitors waiting to pounce – it used to be that experiencing two or more of these factors at one time spelled certain doom for small businesses. But not anymore.
Now TurnaroundCoach offers small companies access to the same high-quality turnaround services that were previously only available to large companies. Our highly-skilled, experienced turnaround service professionals consult with management teams and small business owners over the phone, assess the situation at your business, determine if a turnaround is possible, and, if so, provide you with an individualized, easy-to-follow, step-by-step plan for success.
Why TurnaroundCoach is Right for Your Business…
At TurnaroundCoach, we are committed to providing creative and cost-effective professional turnaround services to under-performing and/or financially-distressed small companies (annual revenues under $25 million). We pride ourselves, not just on the quality of our advice, but, more importantly, on the successful implementation of solutions. Are you currently looking for a solution to your company’s financial hardship? Maybe you are asking yourself:
Should I hire a bankruptcy attorney?
Bankruptcy filings are at historic highs among American businesses suffering from the recent economic downturn. While bankruptcy is the correct action in some cases, you must keep in mind that 85% of all companies that file Chapter 11 end up being liquidated. Since filing Chapter 11 usually costs $40,000 to $60,000 in the smallest cases, it easy to see why the success rate is so low for bankruptcy filings.
Should I hire a full-time turnaround professional?
Hiring a turnaround service professional is often a better solution than filing for bankruptcy but small companies with revenues under $25 million usually can’t afford to pay a good turnaround professional the $10,000 to $20,000 per week that they require.
Your Solution is Now Just A Phone Call Away!
When your business begins experiencing declining profits, cash shortfalls, pressure from vendors seeking payment, pressure from lenders seeking improved financial performance and principal payments, difficulty meeting payroll obligations, low employee morale, departure of key personnel and ever-increasing debt, you usually don’t have much time to act. TurnaroundCoach puts you in touch with a turnaround expert immediately via the phone so that you can get a turnaround plan implemented soon before your options and chances for success disappear.