Turnaround Management Archives

Reflections on a COVID-19 Capital Raise

Finding the right partner to raise capital for a refinancing always has its challenges, but in the midst of COVID-19, those challenges have become more numerous and severe. Bayard Hollingsworth of Phoenix Management Services explains some of the considerations lenders and borrowers must focus on in this environment by looking back at a successful transaction made during the pandemic.

Veteran Recognition: Lane is a Turnaround All-Star for Willow Tree Consulting Group

Carl Lane wasn’t always in turnaround management, but he has become one of the top professionals in the field during the course of his career. With a focus on winning early and establishing relationships, Lane is set to lead Willow Tree Consulting Group and its clients through challenges in the present and future.

The Operating Cycle: Lame Lending School Concept or Key Performance Indicator?

Juanita Schwartzkopf of Focus Management Group argues that the operating cycle is more than just a simple calculation and walks through a real-world example to illustrate its importance for forecasting and managing working capital.

June 24, 2020 Focus Management Group | Juanita Schwartzkopf Phil Neuffer

Read the Fine Print: May Jobs Report Paints Inaccurate Picture of Unemployment Rate

The May jobs report from the Bureau of Labor Statistics was surprisingly strong judging from the headline numbers. As Michael Eisenband of FTI Consulting explains, a more thorough reading of the report shows that the unemployment rate was not entirely accurate. He points out the discrepancies and explains how this “economic happy talk” could lead to painful results in the long-term.

June 15, 2020 FTI Consulting | Michael Eisenband | unemployment Phil Neuffer

LIBOR Transition: A Priority Even During the COVID-19 Pandemic

The COVID-19 pandemic has brought the economy to a grinding halt, but the LIBOR transition timeline has not been affected. Colleen Hsia and Zaman Toleafoa of FTI Consulting explain how companies must use effective communication and other strategies to make sure they are still preparing adequately.

May 15, 2020 Colleen Hsia | COVID-19 | LIBOR | Zaman Toleafoa Phil Neuffer

The 13-Week Cash Flow: An Important COVID-19 Business Survival Tool

Getting a handle on the 13-week cash flow of a business can provide the short-term information necessary to weather distressed situations. For companies feeling the continued disruption of the COVID-19 pandemic, Luke D. Snyder of CBIZ MHM gives detailed instructions on how to effectively implement such a cash flow.

April 14, 2020 CBIZ MHM | Luke D. Snyder Phil Neuffer

Everybody Eats: Why is Food Processing Risky Right Now?

Food-related businesses are under stress. Why is this happening to industries that serve such a basic need? Juanita Schwartzkopf explores the causes of this trend, such as changes in consumer preferences, and says lenders and borrowers must remember that cash is king when it comes to today’s food chain.

April 8, 2020 Focus Management | food processing | Juanita Schwartzkopf | risky food processing Kevin Finegan

Providing Leadership in the Wake of the Coronavirus Pandemic

Brian Gleason of Phoenix Management Services details how executives must display the most important tenets of leadership to survive the economic turmoil caused by the novel coronavirus (COVID-19) pandemic.

March 25, 2020 Brian Gleason | coronavirus | Phoenix Management Services | Turnaround Management Phil Neuffer

Weekly Cash Flows: Why This Analysis Should be a Best Practice

A weekly cash flow analysis is one of the most basic business tools, yet Marjorie Kaufman observes many businesses fail to utilize it. She explains why this vital analysis should be a “best practice” to keep every business nimble and adaptable to changes in liquidity.

July 13, 2018 Getzler Henrich & Associates | Marjorie Kaufman | turnaround ABF Journal

Category: Turnaround Management