Turnaround Management

Fries Financial Consulting Ltd. provides services to clients in financial distress, in pre-insolvency, workout situations. Engagements can be very specific in nature, when the problem and proposed solution is readily identified, but often is performed as part of a broader engagement in an interim executive capacity with specific turnaround objectives. Some of the broader services offered in a turnaround engagement may consist of one or more of the following;

  • Interim and crisis management;
  • Cash flow and working capital management;
  • Financial modelling & analysis, and identification of key issues;
  • Cash conservation and cost-reduction programs;
  • Evaluation and divestiture of redundant and/or non-core business and assets;
  • Business, turnaround and restructuring planning;
  • Negotiations and communications with key stakeholders.