Turnaround Guidance
Unfortunately, companies sometimes find themselves stressed due to a shortage of cash. Karl brings cash management, negotiation and profit improvement skills to get companies out of tight spots.
Turnaround Certification
Bankruptcy courts are required to confirm that turnaround advisors are certified in a Chapter 11 reorganization process. Karl's Certified Turnaround Associate (CTA) certificate has allowed him to be approved by a bankruptcy court to help a company get out of bankruptcy.
Impossible Turnaround
A $5 million company was told by the judge and both bankruptcy attorneys that they were too small to make it through the Chapter 11 reorganization process. Karl guided the company step-by-step through the process of getting to cash flow positive, keeping vendors and clients, keeping their line of credit, and finding a capital source to finance their successful exit from bankruptcy.