FINANCIAL REORGANIZATION/TURNAROUND MANAGEMENT


Richter Consulting, Inc. has earned a strong reputation in the field of financial reorganization as a strategic advisor on diverse engagements. Our experienced team of financial professionals and turnaround specialists act decisively to identify key issues and develop viable alternatives, and assist in the implementation thereof.

In addressing the many facets of a turnaround, we will:

• Work to determine short-term financing needs and associated action plans;
• Perform a comprehensive assessment and develop a viable long-term strategic plan, which may include:
  • Divesting of non-core or under-performing operations/divisions;
  • Identifying cost reduction opportunities, including facility consolidation, headcount reductions, modified compensation structures, etc.;
  • Conducting a comprehensive operational analysis, including business pressures, workflow, capacity, productivity, and reporting;
  • Elimination of lower margin product lines/services/customers;
  • Identifying profitable growth opportunities;
• Structure the appropriate management team support to implement the strategic plan;
• Assist in financial restructuring of existing obligations.