business advisory services

The Business Advisory Group of Morella & Associates understands that the issues that their clients face extend beyond just legal matters.

Turnaround Management

Many companies find themselves with challenging issues and their method for managing the situation is to simply hope things get better. The key to success in any crisis situation is recognizing you are in one or about to head into one, and taking proactive steps to protect yourself and the business. When we are engaged by our clients, we immediately take steps to conserve cash, which is the oxygen to any business. We build a sustainability plan that focuses on current and future cash flow. When necessary, we negotiate with our clients lenders, and we determine the best use of cash moving forward. All companies, given an infinite amount of time, can survive and thrive. However, no one gets an infinite amount of time so we seek to maximize the time our clients have to manage our way through the situation. It is often the case that a company that is otherwise foundationally strong gets into trouble with its balance sheet. Once sustainability is achieved, we work with our clients to recapitalize the company for future growth. For more details regarding that service, please see “Financial Restructuring Services.”