by admin-prc | May 15, 2018 | Business Turnaround
Click to Play Chapter 11 Reorganization Chapter eleven reorganization, it has a lot of stigma and people are afraid of it and I understand why. Bankruptcy is a bad word in the business world. Unfortunately, or fortunately, we have that tool and the truth is it’s the...
by admin-prc | Jan 9, 2018 | Business Turnaround
The “Opportunity of Power” in the position of authority is of course only as good as people handle the opportunity itself. I spend a lot of time warning leadership positions. The “Opportunity of Power” in the position of authority is of course...
by admin-prc | Nov 28, 2017 | Business Turnaround
SMALL BUSINESS FAIL Small business and startup companies fail every day. Companies that find themselves in a growth mode fail as well. Here is the short answer. Small business fails because one guy can’t do it all, but he wants to. Generally, one guy starts a small...
by admin-prc | Nov 14, 2017 | Business Turnaround
Business Turnaround To be quite honest, our Business Turnaround Chapter 11 success rate is nearly 100% over the past thirty years. I chalk up this resume to picking good clients who are willing to work for their freedom. If I had to look at some common denominators of...
by Patrick Rettig | Nov 9, 2017 | Business Turnaround
CEO’s & Creativity Accessing Your Non-Linear Mind I insist that our client CEO’s engage in creativity. Creativity is, in fact, an act of building something from nothing. One begins with a blank canvas and allows their mind to be free to explore, expand, and...
by admin-prc | Nov 7, 2017 | Business Turnaround
The Lure of Easy Money We all know the old “under the table” trick. Easy money. right…? Paying for services without tax, cash on the barrel. It’s the way we ultimately get one over on Uncle Sam. The problem, however, is that breaking the law in any...
by admin-prc | Nov 1, 2017 | Business Turnaround
PAY IT FORWARD. All companies need a break when they’re in trouble or they won’t recover. Creditors and numerous professionals must try and “work” with people at a reduced rate so that at a later time monies can be restored. Sometimes, unfortunately,...
by admin-prc | Oct 20, 2017 | Business Turnaround
Bankruptcy Chapter Eleven is a second chance… At times as America’s Turnaround Man I feel more like a corrections officer. My day is spent talking with small business hooligans who’ve found their “own way” of doing things and then caught in a...
by admin-prc | Oct 12, 2017 | Business Turnaround
Corporate life, small business… Some of the most exciting times of my life are the memories of playing in a rock n’ roll band. I made no money, spent money, turned my amps way up, experienced intimacy with a lead microphone and sang songs that meant something to...
by admin-prc | Sep 26, 2017 | Business Turnaround
I have noticed in my travels that people will do what it takes to get out of trouble. Here’s the catch. Whatever spirit got them into trouble in the first place does not go away. On the occasions when clients have survived bankruptcy and come back to fight another...
