CRISIS MANAGEMENT
Richter Consulting, Inc.'s experienced professionals provide
the necessary support
to companies facing a crisis situation, including the inability
to meet current obligations, departure of key management personnel, loss of critical
customers, accounting
or borrowing base restatements and fraud. Our ability to intervene
quickly, identify key issues and act decisively
to stabilize operations allows management
to rapidly return its focus to the
long-term financial health of the Company.
Our professionals will assist and/or supplement the existing management team in
performing the following:
- Stabilization of liquidity position and identification
of immediate cash conservation measures;
- Improved cash flow forecasting, management and controls;
- Institution of comprehensive reporting of cash flow
and operating results to all constituents;
- Management of relationships with all stakeholders
(employees, shareholders, debtholders, suppliers, customers, etc.);
- Development and/or assessment of restructuring plans and
turnaround initiatives.