TBC Information Network

Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.

Distressed Company Advisory

When a company is experiencing financial problems, issues with vendors, banks, or sales, it is imperative that owners do not react impulsively; so as to avoid wasting resources and creating a more devastating situation. Instead, consider a second opinion; one that is objective and outside the business. This action may seem counterintuitive due to additional costs, but think of it as an investment in future profitability and success. Using trusted and experienced advisors in times of distress to objectively analyze your situation can be greatly beneficial to your company. We can also provide alternative solutions and action plans.