A turnaround consultant is a professional who specializes in assisting businesses facing financial or operational difficulties in order to improve their performance and restore stability. These consultants often have extensive experience in various industries and possess strong analytical, problem-solving, and communication skills.
The primary goal of a turnaround consultant is to identify the root causes of a company’s challenges, develop strategic plans to address these issues, and guide the organization through the implementation of those plans. This process typically involves:
Your tangible net worth is similar to your net worth in that it totes up your assets and liabilities, but it goes one step further. It subtracts the value of any intangible assets, including goodwill, copyrights, patents, and other intellectual…
Terms of the Sale is an agreement between the buyer and the seller which references the price of goods being sold, the return policy, delivery location, time of shipment and payment terms. The sale's terms may also reference the purchase…
A business analysis that assesses cost to include direct cost (purchasing price) and indirect cost (related to the use of a service or product). In temporary staffing services, this is often used by employers to ask temporary staffing agencies for…
Trade Financing is the term used for financing of international trade. Trade finance includes such activities as Cash Against Documents, credit insurance, export credit, bid and performance bonds, lending, trade-related promissory notes, Letters of Credit, purchase order funding, bills of…
Pricing model that is based on a unit that can vary over time. For instance, in a staffing context, price per applicant or price per contractor.
A Turnaround represents a company demonstrating an improving financial situation after it has been performing poorly for an extended time or after a catastrophic event. eCapital will many times fund companies in a turnaround situation.
