Pump It Up

Financial officers and CPAs advising clients are in a position to provide guidance to distressed - and healthy -businesses on ways to protect and strengthen themselves for the long haul. If your (or your client's) business is under stress, you must quickly prioritize critical assess the options available to resolve them and develop a realistic execution plan. Common focus areas include rationalizing product lines and cost structures, divesting or closing troubled business units, managing working capital, and potentially restructuring debt and other core operating agreements. Today's volatile economy demands that companies continually monitor their operations, and CPAs are critical to that process. Learn to help businesses proactively manage the core, non-core and redundant segments and you will help stabilize and strengthen companies, as well as prepare them to prosper when the economy rebounds.