Survival Planning
These troubled times dictate that a survival plan be developed and made operational immediately. Cash management becomes a problem for many small businesses. Business stalls; revenue drops; collections slow down; debt increases. These problems become more serious with each passing day. A once-profitable company becomes a troubled company. Turnaround advice and counsel from Hardesty Hackett & Partners provides leadership and direction to quickly assess your situation, improve cash flows and stabilize operations. We communicate with those who need to know the depth and degree of the problems and create plans to mitigate the situation.
We will meet with your creditors, vendors, sales team, banks and lenders to build the credibility and trust necessary to maintain credit accommodations. We will add to your credibility and trust where required and build your customer base while other companies are losing their base. We will negotiate for improved terms while maintaining your status as a preferred customer. We will work with your people to build confidence in your survival plan and instill in them the prospect of your business growing and prospering while others are failing or hanging on by a thread.
Hardesty Hackett & Partners brings integrity, experience and leadership to distressed businesses. Our turnaround teams work side-by-side with your people in implementing change management. They also serve as advisors to management by providing recommendations and guidance in overseeing employees working in highly stressful day-to-day operations. Either way our goal remains the same: To help you to develop and implement a survival plan to stabilize your company.
We assist with the following:
- Cash flow turnaround management & enhancement
- Selected cost reductions
- Crisis and interim management assistance
- Business and financial modeling
- Strategic assessments and operational review
- Management assessment
- Restructuring plan, design and negotiation
- Rightsizing analysis and implementation
Call or e-mail us for more information about developing a customized Survival Plan for your business. In these tough times, it could be the most valuable call you make.
770.594.1200 | E-mail
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