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What to Expect When You’re Filing for Bankruptcy
Key Considerations to Help Business Executives Navigate the Reorganization Process Making the decision to file for bankruptcy is a huge decision not to be taken…Read More
Preventing Fraud: 5 Things You Should Do Now
Did you know that fraud is on the rise in America, and that oftentimes it is one of the causes for company failures? In a…Read More
How to Use a General Ledger to Find (and Stop) Fraud
To identify whether an organization is vulnerable or has been a victim of fraudulent behavior, it’s critical to spot common warning signs of internal fraud…Read More
Executing a Successful Turnaround
After you have made the decision to do what it takes to turn around a troubled company and have devised a detailed plan to achieve your goal, it is now time to make sure all that strategic thinking pays off in the execution. In part three of our business turnaround series, we introduce the four leadership fundamentals that best contribute to a successful transition for your organization….Read More
Developing a Successful Business Turnaround Plan
Now that you’ve made the tough decision to try to save your troubled company, it’s time to roll up your sleeves and get to work on a plan of action. You’ll need to formulate clear goals for the turnaround, figure out what kind of cash flow will support those goals and map out a clear blueprint to follow. Taking these steps will give your company the best possible shot at survival….Read More
The Elements of a Successful Business Turnaround
Does your company have what it takes to find a new way forward? The time has come to ask that critical question: can this business be saved, or is it time to let it go? Getting to a realistic and actionable answer can seem like an overwhelming task. But there are really just four basic elements that determine whether you have what you need in place for a successful business turnaround….Read More
Energy Industry – Risks and Opportunities
Bill Patterson, Principal of Bridgepoint Consulting and Stephen Lemmon, Partner of Husch Blackwell, co-presented an Oil and Gas Industry Update to the Austin Bar Association, Bankruptcy Section….Read More
Refresh Your Business: 5 Key Insights to Improve Performance
Is it getting harder to profitably run your business? Are your revenues up but profit margins shrinking? Here are five often overlooked strategies and other actions that can help improve the financial operations of your business.
Stay focused on good customers. It’s easier to keep your current customers than find new ones, so make frequent touch points and closely monitor retention rates. Discuss future volumes and forecasts, and offer them incentives if possible.