This article was originally published in Forbes. A recession is not typically an ideal climate for M&A activity to flourish. But this recession, and our world right now, is anything but typical. Our firm has fielded an unusually high number of calls from business owners worried by the unknowns of the global pandemic, the state…
This article was originally published in Forbes. With the popular Paycheck Protection Program (PPP) currently closed and Congressional negotiations over a next round of stimulus stalled, where can a small or middle-market business hit hard by the pandemic turn for capital? One avenue still open to qualifying companies is the Federal Reserve-backed Main Street Lending…
This article was originally published in the Journal of Corporate Renewal (JCR), the official publication of the Turnaround Management Association (TMA). With each passing day, turnaround advisors, bankruptcy attorneys, and other supporting professionals answer the call as more and more businesses fight for their lives. Some of these businesses will implode from the pressures of the coronavirus…
This article was originally published in Forbes. As small and middle market businesses struggle with liquidity during this pandemic, there are levers that a business owner or CFO can pull to generate additional cash quickly. While there are implications to consider with every lever pulled, the reality is a business may have no choice. Business survival is…
This article was originally posted on Forbes. A Harvard economics survey estimates that 100,000 U.S. small and medium-sized businesses have already permanently shut, with 30-50% expected to fail by year-end, depending on the duration of Covid-19. The reality for many middle-market business owners is everything is on the line; more often than not personal assets…
