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First, look at your suppliers and their respective accounts payable balances. Then, schedule a meeting with those suppliers on an individual basis. The goal here is to encourage them to take their present debt and restructure it. In addition, you...

/27 Aug 2017

/By Turnaround Group Staff

/28 Comments

Chapter 11 Bankruptcy Has Major Disadvantages

The ultimate restructuring method is a Chapter 11 bankruptcy but their are consequences. Chapter 11 does not mean that you are out of business like a Chapter 7. Chapter 11, under the Federal Bankruptcy Act, means that you have the...

/07 May 2017

/By Turnaround Group Staff

/1826 Comments

Business Planning is Essential

Sometimes the economy makes it harder for individuals to start or grow a business. But another factor that hampers businesses is a lack of business planning. Business owners can be so busy trying to start or keep their business going...

/16 Apr 2017

/By Turnaround Group Staff

/227 Comments

Why Using Financial Ratio Analysis In Your Business Is Important

Financial ratio analysis is the use of standardized measurements of the financial health of a business or organization. The ratios provide a simple way to compare businesses and are the starting point for any evaluation. How can you use financial...

/12 Apr 2017

/By Turnaround Group Staff

/143 Comments

Innovation Drives Business Growth

The recent turbulence in the economy has put a strain on many businesses, but it has also created opportunities for small companies who are prepared to be innovative. When times are tough, it can be tempting to circle the wagons...

/09 Apr 2017

/By Turnaround Group Staff

/5332 Comments

Charging Engineering Time on Custom Designs

Do you pride yourself on your company’s engineering & design capabilities? Is your company the vendor of choice and the primary source for unique, custom-made products? More importantly, is your company known as a market innovator whose designs are above...

/06 Apr 2017

/By Turnaround Group Staff

/110 Comments

How To Get and Stay Organized

Organization is hard for many people. They may have the best of intentions, but in the end they just cannot seem to keep it all together. You may be one of these people. Do you long to stay organized and...

/03 Apr 2017

/By Turnaround Group Staff

/0 Comment

Chapter 11 Bankruptcy can Eliminate your Customers

Every business owner needs to think twice before deciding to file bankruptcy in an attempt to deal with their company’s creditor issues. Many times your own attorney will suggest that you consult with either their own bankruptcy counsel or an...

How To Restructure You Company’s Accounts Payable Debt

Chapter 11 Bankruptcy Has Major Disadvantages

Business Planning is Essential

Why Using Financial Ratio Analysis In Your Business Is Important

Innovation Drives Business Growth

Charging Engineering Time on Custom Designs

How To Get and Stay Organized

Chapter 11 Bankruptcy can Eliminate your Customers

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