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ASSET
PROTECTION
A hard look at and review of principal assets - real estate, inventories,
receivables. Are these assets properly protected
by insurance? How are they owned? TeamBRS leader separates
out those core assets that must be preserved, and considers liquidation
of the rest. Preservation of core resources is an important goal.
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BANKRUPTCY
COUNSELING & ADMINISTRATION
A turnaround sometimes needs the creditor protection and protection
of assets afforded by one of the several bankruptcy alternatives.
TeamBRS provides expert guidance on these options,
assists with the packaging of the bankruptcy and negotiations with
creditors, counsel, trustee and stockholders. (Back
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BOARD
SERVICES
TeamBRS leaders may be required to fill open seats on
an interim basis on a troubled company's Board. (Back
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BUSINESS
PLAN ANALYSIS & PREPARATION
Effective
turnarounds require planning. TeamBRS leaders work
with management to develop the written plan of action including
situational analysis, emergency steps and restructuring. (Back
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CHANGE
MANAGEMENT
Employees are the key to a successful turnaround. TeamBRS
reviews all critical aspects of the operation: financial issues,
market position/structure, products, customer relationships/key
accounts, sales/marketing process, IT, manufacturing (if applicable),
services. This analysis becomes a key part of the Business Plan.
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CRISIS
MANAGEMENT/TRIAGE
Critical role. For clients already on the Slippery Slope, working
with top management the TeamBRS leader steps in to
stop the hemorrhaging of cash - whatever it takes. Employment agreements
are also reviewed. (Back
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DEBT
NEGOTIATION & RESTRUCTURING
Working with senior lender(s) and sub-debt holders, TeamBRS
leader develops a set of alternative strategies including debt
stretch-outs, forbearance, conversion of sub-debt to preferred
equity, etc. Also
examine issues like personal guarantees, providing additional collateral,
etc. (Back
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DIP
FINANCING
In a reorganization filing, interim or DIP financing is often
required. TeamBRS leader assists in obtaining sources
and negotiating for this funding. (Back
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EARLY
WARNING CHECK UPS
TeamBRS provides a complete preventive audit & analysis called the at special pricing covering all aspect's of a clients business
including Vision, Strategy, Products/Services, Competitive situation,
Sale/Marketing, Technology, Operations & Finance. See description
of 
by clicking on
this Site. (Back
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EQUITY
FINANCING
Analysis of capitalization. Packaging, negotiating and raising
new equity or near equity. Dealing with shareholders. Locating
new equity sources. Creating the "book" for the new
equity raise. (Back
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FAMILY-OWNED
BUSINESS ISSUES
There are special problems associated with family-owned businesses.
TeamBRS leaders provide sensitive handling and timely,
skilled communications in resolving these matters.
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FINANCIAL
RISK ANALYSIS & MANAGEMENT
A review of historical financial data and comparison with current
and projected situation. Considers Cash Flow first including review
of both aged AR and AP. Accounting procedures and safeguards are
also reviewed. Calculations of break-even point and burn rate
are key tasks. Meetings with senior lender (if applicable) as
well as sub-debt holders. If there are high percentage equity
holders, separate meetings are scheduled. New financing opportunities
and liquidity improvement strategies are also examined. (Back
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LIQUIDATIONS
If a reorganization is not feasible, liquidation may be the best
and only alternative. TeamBRS leaders provide sensitive
handling and timely, skilled communications in resolving these
matters. (Back
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LITIGATION
SUPPORT
TeamBRS will seek out the most expedient and cost-effective
path through the court system. We are experienced and knowledgeable
in bankruptcy situations and understand
the legal terminology and how to clearly explain complex issues.
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MERGERS & ACQUISITIONS SERVICES
TeamBRS leader provides guidance (and negotiation)
on M&A opportunities. Sale of a division or department may
be the best strategy. Sale of the entire business is also a possibility.
Acquisition of another business with possibility
of new financing may also be an effective option. (Back
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MANAGEMENT
CHANGES & INTERIM TOP MANAGEMENT
Selection of new top management team. TeamBRS leaders
accept interim top management roles in the client company to insure
that other managers and employees understand that Survival is
the only issue, and that they are fully prepared to cooperate
and comply with turnaround strategies.(Back
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OPERATIONS
ANALYSIS & RECOMMENDATIONS
A key part of the planning process. TeamBRS reviews
all critical aspects of the operation: financial issues, market
position/structure, products, customer relationships/key accounts,
sales/marketing process, IT, manufacturing (if applicable), services.
This analysis becomes a key part of the Business Plan. (Back
to top)
REAL
ESTATE ADVISORY
Many businesses own real estate. TeamBRS leader works
with management to develop alternatives regarding this asset.
Sale of the real estate may be the best option. Sale and leaseback
is another strategy to be considered. (Back
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TURNAROUND
In these times of climactic corporate change, we at TeamBRS™ offer
a hands-on approach and effective problem solving. TeamBRS™ professionals
are fully competent to handle the issues surrounding a compelling
restructuring strategy. We work closely with our clients to
provide real restructuring solutions that result in a healthy
and successful company. (Back
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VALUATIONS
Key to any M&A transaction (and sometimes obtaining of
new capital) is the valuation of the business. TeamBRS
leader brings in objective valuation expert to provide independent
valuation opinion. (Back
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