Turnaround Consulting

Brain Surgery Time Management

Time Management for Optimum Results There is a complete time management and efficiency system I have been developing from the experiences I have working with George Ross (Celebrity Apprentice), Wayne Allyn Root and from my own business experience. I have used several labels for this system in coaching clients including the 80:20 Time Management System. [...]

The Secret To Beating Business Profit Plans

“Steve, I am so grateful for how you have helped me understand my business and how to achieve profitable growth. “ …This comment is direct from one of my clients whose 2010 profits are on track to exceed plan by at least 50%. Exceeding plan by 50% is worth nearly $350,000. This is one very [...]

BP Oil Spill Business Losses:How Claims Will Be Calculated

There are an increasing number of headlines speculating about the extent of damage and related litigation stemming from the  BP oil spill. There are three parts to a claim for business losses.  There is the physical loss say in the case of a fire and then lost profits due to business interruption. In addition, there [...]

How Successful Retailers Earn Customer Loyalty

Mark Albright, staff writer for the St. Petersburg Times published an article in the Sunday paper a while back on retailers struggling to win back customers. He does an excellent job at identifying the key issues customers face when shopping in many stores. In summary, customers know what they want from their shopping experience and [...]

Financial Crisis, Turnaround Consulting

An independent business owner contacted me after reading several of my articles on business turnaround consulting and business process improvement consulting. She asked if I could help her. I asked if she would write me note about her situation. The following is her message: Steve, I decided to get in touch with you because I [...]

Busting Loose From The Business Game

In 2006, author Bob Scheinfeld published a book titled: Busting Loose From The Money Game.  I purchased the book based on the recommendation from another admired author and read it once  over the course of about a week.  I then went back and read it more closely, made notes, highlighted sections in yellow. In short [...]

Newt Gingrich Writes: Once, We Would Have Called It A Scandal

In my business development consulting practice I encounter situations where filing for reorganization with protection of Chapter 11 of the Bankruptcy Code (Federal Law) seems to be an option. Consequently I follow with interest some of the more high profile cases. I am amazed at the application of this Federal Law. I was thinking it [...]

The US Govt. Agrees To Accept $68 Billion Pay Down of TARP Money.

The Treasury should be standing there with “arms wide open” to accept any of the TARP money a bank wants to pay back.  Our government charter does not extend to the bailout of private enterprise entities, bank, automotive company or any other.  However, we have allowed it and now that the funds have been disbursed, [...]

The General Motors Bankruptcy: A Costly Solution

When a company cannot move forward with profitable operations because of accumulated debt  meaning they are not in a positive cash flow position, they must close the business and restructure. Either solution is costly. Restructuring with the protection of Chapter 11 of the US Bankruptcy code adds to the costs.  The cost of restructuring is [...]

The Key To Business Profits In A Difficult Economy

The phrase “cash is king” is widely recognized because it is true.  When you solidify cash flow you solidify your business. Cash of course can be borrowed. For  many companies, traditional sources of financing are nearly non existent.  Lines of credit are being tightened and there is little or no room for  loan covenants variations. [...]