Building Solid Foundations for Growth
Commitment to Help Businesses Realize Their Full Potential
CAPSTONE's team of experienced executives and specialists offer practical solutions and seasoned leadership to troubled or under-performing companies. Our approach is interactive, communicative, team based, and results-oriented. Our emphasis is on building value - fast.
CAPSTONE's team of professionals is drawn from a myriad of disciplines - Sales & Marketing, Accounting, Finance, Operations, Performance Improvement and Information Technology/Business Systems.
Our belief is that companies didn't get into trouble suddenly. Instead, a series of missteps throughout the organization, and over a period of years, generally lead to today's underperforming situation. A total approach, touching virtually every discipline within the organization, is the only way to move the company forward to realize its full potential.
For numerous reasons, managers find themselves in the position where the performance of their business has deteriorated to the point of financial and/or operating distress. This can manifest itself in many forms including declining sales dollars & margins, operating losses, dissatisfied customers, excess debt and insufficient working capital or other funds. The condition of these businesses could range from underperforming to troubled or even distressed.
In such situations, Turnaround and Workout techniques must be utilized until the business stabilizes. Once the business is on its way to stabilization, Performance Improvement techniques are then implemented to remove the root causes of the problem, and reposition the business for successful operations.
Turnaround and Workout processes can be applied to businesses both inside and outside of a formal bankruptcy. Because of the substantial costs and loss of control that usually occurs in bankruptcy or Chapter 11, it is usually preferable to attempt to implement such techniques in an out-of-court format. However, there are several circumstances and situations where bankruptcy might be a more effective process. CAPSTONE, working with the businesses legal counsel, can help businesses in such situations analyze and determine the most optimum course of action.
CAPSTONE can function in several different roles when if offers these services. We can function as consultants, as interim managers, as trustees or as management coaches.
CAPSTONE's services in this area can include:
• Cost reduction and control
• Improvement or elimination of unprofitable business units or product lines
• Asset efficiency, management and control
• Developing a turnaround and workout plan
• Financial and operational forecasting and modeling
• Restructuring secured and unsecured obligations
• Bankruptcy and Chapter 11 advisory services
• Lender & Creditor support services
• Creditor Committee representation
Business Turn-about and Restructuring
Think Capstone.
