MorrisAnderson

We create and implement turnaround plans that produce real, long-term results – rather than short-term fixes. We work with stakeholders to:

• Produce big-picture analyses of the underlying issues that are causing distress – from complex matters involving company politics to sales and logistics issues – and produce reports that analyze variables such as customer profitability, IT and business viability.
• Secure interim management; implement compassionate downsizing and cost-reduction plans; and develop and apply processes to optimize revenue and margins.
• Focus on the details of profitability issues involving the supply-chain, labor costs, sales, administration, excess inventory, infrastructure and real estate overhead, communications and more.
• Perform financial modeling and projections, including liquidation value analyses and projections, to create long-term business plans and gauge future financial success.
• Work with lenders and other stakeholders, when necessary, to restructure debt, manage cash flow and increase liquidity.
• Advise on collateral protection and marshalling.
• Design and implement crisis management plans, if necessary.
• Provide complete guidance with Chapter 11 proceedings, liquidation and various exit strategies.