Turnaround Consultant Advisory
We dedicate this web page to the turnaround consultant working in a single-person turnaround consultant practice … For the “single shingles.”
It is often difficult on the single practitioner because he or she does not have an environment to get the latest information on the turnaround consultant field. The point of this web page is to help give the latest turnaround consultant techniques, so the single turnaround consultant will stay up-to-date. In the future, we plan to have an online forum for the single turnaround consultant to interact with other single practitioners. So please bookmark this site and check back often.
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We are always looking for the best online
and off-line publications to help our visitors. From our research, we
have found a great website that you shouldn’t miss.
The owner of this particular site is Kevin Muir, a turnaround professional
that has helped save over 700 firms. WOW! And I understand that this number
is now growing by over 30 firms a month.
Here is the best part . . . He’s written down every one of his proprietary
secrets in a step-by-step guide. This self-study “Insider
Secrets” course is for anyone needing help fixing a business.
And, we have arranged with Kevin to give you 7 turnaround tips from his
course absolutely free. Click Turnaround
Consultant Course for the free lessons.
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Turnaround consultant advice for selling financially distressed businesses
1) Do not take the first offer. Counteroffers will often lead to a better
selling price and better terms.
2) Offer inducements such as seller financing and noncompetes.
3) Prepare the employees and the management for the emotional upheaval during
the offering, the due diligence and the closing.
4) Split off real estate. Often the real estate does not have a “value”
in a business valuation. Carve it out and either keep it as an income source
or sell it separately.
5) Create a list of unique items about your firm. You need to make it clear
why your firm has advantages over competition and other businesses that brokers
and investment bankers are offering for sale.
These are the top 5 tips on how to sell a business. For more tips, the Insider Secrets course has a list of 19 action items that cover all business sale transactions. Turnaround Consultant Course
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