Turnaround Consultants Recommendation
Turnaround consultants are readily available to help you with your distressed firm. Frankly, most are not real turnaround consultants, but unemployed executives between jobs.
And most of these “turnaround consultants” have never worked with small or medium sized businesses either as a consultant or as a full-time employee. So you need to be careful when you are selecting a restructuring professional for your firm.
Here is what to look for when selecting from several turnaround consultants:
1) Do they have experience turning around companies in your industry?
2) Do professionals in their field respect them?
3) Is their fee reasonable?
If you can’t find a specialist with these qualifications, we have a recommendation for you. Get a copy of Insider Secrets to Saving Your Business: The Step-by-Step Turnaround Consultants Guide by Dan Betts. This guide tells you exactly how to fix your business. It is a wonderful publication that we recommend to all turnaround consultants and others trying to help a financially distressed businesses.
Mr. Betts’s firm, Turnaround Central, is the one of the best restructuring practice in the country for small or medium sized firms. He and his 12 turnaround consultants have experience in manufacturing, retail and service business across a wide range of industries. Besides typical restructuring engagements, you can also engage his firm to do only debt restructuring, usually the most important but most time-consuming part of a business renewal.
To learn more about Dan Betts, his firm and his self-help guide, click turnaround consultants.
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