Any business owner knows that the road to success can be a bumpy one. When things are good and your company is growing fast you risk running out of capital or overstretching your management team. If a new product launch doesn’t succeed right away and losses start to mount the bank may start pulling on the reins. New competitors or market changes may force a change to your business model. You may be interested in acquiring a competitor but are unsure what financing you need to complete the transaction.
The key to overcoming these challenges is knowing when to look for help. You know your business better than anyone, and we know ours. Our team has decades of experience in managing corporate turnarounds across a broad range of industries. Once we’ve taken the time to anlayze your situation and help you develop a strategy, we can leverage our deep connections in the GTA’s financial and legal community to find the right source of capital to bring your business back to life.
The most valuable tool in identifying the challenges facing your business, and in forming a plan to overcome them, is an integrated financial forecast. Using sophisticated financial models, we will break your business out into its constituent pieces, determine where you are making money and where you are losing it, and forecast the impact of our restructuring plan. Whether you are trying to secure new financing or increase profitability, an integrated forecast is key to understanding the problem and executing a solution.
Our model will help you:
- Better manage inventory, receivables and bank lines;
- Adjust your product mix to optimize gross margin;
- Identify unprofitable contracts and customers; and
- Conduct sensitivity analyses to project the impact of your growth or restructuring plan.
Even with today’s record low interest rates, financing costs can be a significant drag on your bottom line. The right mix of debt and equity and, more importantly, the right type of debt, are critical to the success of your business. Our experienced team will evaluate your financing needs and help find the lender and product that fits your specific situation. While we have a number of partners that can offer quick turnarounds, we are not affiliated with any one lender, so we can canvas a variety of options to find the best option for you.
Director / Owner Liability Review
Running a business entails significant risk to your personal assets. This risk can come from director liabilities for wages, taxes or environmental mitigation, or from personal guarantees to lenders and equity contributions to the business. We will leverage decades of experience dealing with insolvent companies to help you arrange your affairs in a way that minimizes your personal exposure. The key to protecting your assets is to act early; steps taken on the eve of insolvency can be reversed by creditors.
Not all business challenges are crises; over the course of a year, many business owners will face small, discrete issues that require some outside assistance. Whether it is improving an inventory system or determining profitability on a contract, we can help. If you have a special project or a challenging problem, we would be happy to help.