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Best Practices for Turning Around Distressed Companies: The First Steps (1 of 4)

Best Practices for Turning Around Distressed Companies: The First Steps (1 of 4)

by Yoav M. Cohen | Mar 25, 2023 | Turnaround

Although it seems that the economy is doing well, inflation is still an issue to reckon with, and, in certain sectors,  it might  be difficult to hire new employees. Consumers are expected to cut back spending amid higher interest rates and lower real incomes, and...
Best Practices for Turning Around Distressed Companies: No One Likes to be Surprised (2 of 4)

Best Practices for Turning Around Distressed Companies: No One Likes to be Surprised (2 of 4)

by Yoav M. Cohen | Mar 25, 2023 | Turnaround

In the first installment, we discussed the importance of creating a written business plan or a roadmap, on how to quickly and decisively control costs and how to deal with your employees. In this second installment, we will introduce the next steps for saving a...
Best Practices for Turning Around Distressed Companies: Success Stories (3 of 4)

Best Practices for Turning Around Distressed Companies: Success Stories (3 of 4)

by Yoav M. Cohen | Mar 25, 2023 | Turnaround

In the first installment, I discussed the importance of creating a written business plan, or a roadmap, on how to control costs, and how to deal with your employees. In the second installment, I discussed how to deal with customers, vendors, bankers and the tax...
How To Succeed in Turning Around Distressed Companies

How To Succeed in Turning Around Distressed Companies

by Yoav M. Cohen | Jul 21, 2023 | Turnaround

Many business owners/CEOs unfortunately don’t spot the signs that led to their company being on the verge of insolvency, or bankruptcy. Senior management has to constantly monitor the company’s performance (at least  on a monthly basis), so they can spot, and quickly...
How to Succeed in Turning Around a Distressed Business and Avoid Bankruptcy

How to Succeed in Turning Around a Distressed Business and Avoid Bankruptcy

by Yoav M. Cohen | Oct 31, 2023 | Turnaround

Yoav Cohen sat down with Kyle Griffith, Managing Partner of The NYBB Group, to talk about his experience with helping distressed businesses and avoiding bankruptcy.  ...
The Essential Role of an Interim CFO in Financial Restructuring Projects

The Essential Role of an Interim CFO in Financial Restructuring Projects

by Yoav M. Cohen | Feb 24, 2025 | Business Consulting 101, Orderly Liquidation, Restructuring, Turnaround

Business bankruptcies jumped 33.5% in the past year—a sign of just how much pressure companies are under. Higher interest rates, rising costs, and changing consumer habits make it harder for businesses to stay profitable. As these challenges mount, some businesses...
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