China Business & Economy | China - Accountant company

China Business & Economy | Chinese Accouting

Turnaround Management

LEHMAN & Co's consultants do more than fix short-term managerial and operational problems. We work closely with management to make changes in operations and asset performance that will pay dividends in the years to come.

We observe a company's business process using an analytical, outcomes-driven approach, examining asset performance, evaluating systems and controls and reviewing management structure. The approach provides the basis for improving operational performance and restructuring the balance sheet to support long-term objectives. Our typical assignments involve:

Stabilizing operations and financial crisis Analyzing operational economics and cash flow dynamics;
Restructuring financial obligations to match cash flow
Redesigning business models to be more competitive, including the rationalization of SKUs, channels of distribution and management layers; and
Advocating our client's strategy to various constituencies.

We draw on our extensive relationships within the capital community and maintain communications with a company's constituencies throughout the process.

Business valuation is an essential part of the process. Accurate valuation allows TRG to measure the effects of redesigning business models. In the event of a bankruptcy, our valuation services are critical in resolving the competing claims of management, banks, creditors and equity stakeholders.

Working as an advisor to existing management, our goal is to leave behind an enterprise that is stable, self-sustaining and able to provide for its customers, employees, creditors and shareholders.

Our services include:

Addressing liquidity concerns;
Stabilizing core operations;
Implementing cash conservation guidelines and controls;
Business plan development;
Financial projections review;
Development of employee incentive plans;
Identification and disposition of non-core assets;
Development and review of cost reduction initiatives
Assisting management with implementing an operational restructuring;
Managing creditor communication and negotiation processes;
Pre-bankruptcy planning;
Assisting with bankruptcy case administration;
Ongoing communications processes with key constituencies;
Financial and operational review;
Evaluation of management;
Turnaround plan development and implementation;
Financial restructuring;
Management of relations with debt holder/investors;
Analysis of financial alternatives;
Development & management of wind-down and liquidation strategies;
Financial restructuring;
Cash flow forecasting and management;
Viability analysis;
Operational analysis and forecasting;
Vendor management services;
Refinancing and re capitalization;
Evaluation of systems and controls; and
Examiner in bankruptcy.

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