GlassRatner is pleased to have acted as the exclusive financial advisor to obtain senior debt financing of $1.6 million for a construction materials supply company. Background In business for 10 years, the construction...
Category: General
Triage Before Turnaround: Cash & Assets Control
April 2, 2020
In this last installment of our four-part series, Paul Denton continues to provide suggestions on how to stabilize the overall situation of a distressed business with hopes to implement a successful turnaround. Namely, how to
Triage Before Turnaround: Safeguard Assets
March 30, 2020
Once the cash conservation program and a competent and committed leadership team has been established, Paul Denton suggests identifying and safeguarding your assets. In the first two parts of this series, we discussed that
Triage Before Turnaround: Management Buy-In
March 27, 2020
When a business is in distress, it’s imperative that leaders proactively confront the situation. Once the cash conservation program has been established, Paul Denton suggests seeking management buy-in is the next major
Triage Before Turnaround: Cash Conservation
March 26, 2020
When a business is in distress, it’s imperative that leaders proactively confront the situation—buying time to implement a sound turnaround plan. Paul Denton suggests performing triage on the ailing...