NACP brings an uncommon perspective and innovative approach to corporate reorganization and financial restructuring.
Companies in financial crisis are faced with stress, complexity and a mix of strategic options. As funds are depleted and creditors and banks become more demanding, the challenges mount. The organization is faced with several, if not all, of the following issues:
- Depleted capital or rapidly depleting accounts
- Investor or board confidence in the management team is lost
- Low company-wide morale; key employee exits
- Frustrated, scared management team that fails to work well together
- Sales fall short of targets or are on a downward trend
- Out of control expenses
- Customers experience poor or low quality support/products
- Bank threatening to foreclose or company thrown into the workout department
- Lines of Credit frozen