Under-Performing and Emerging Companies--Renaissance consultants

Under-Performing and Emerging Companies
Recognizing the Early Warning Signs of Trouble

Under-performing companies do not always recognize a crisis as a whole or may not recognize the problems early enough to be easily correctable. To this end, Renaissance consultants have devised this checklist so as to recognize the early warning signs of trouble. If your company seems to be under-performing or has these problems listed below, management consultants usually are able to effectively turn a company around.

The Problem Checklist
[Click on boxes below to check off.]

Company is in intermittent or continual crisis.

Financial trends for the past six months are negative.

a. Sales and/or profits -- remain the same or are decreasing.

b. Accounts receivable -- average number of days is increasing.

	c. Accounts payable -- average number of days is increasing.

Effective backlog is decreasing or is no longer at comfortable levels.

Company does not have sufficient liquid cash to make critical investments in its prime business activities.

Company does not have accurate, timely, relevant and consistent financial information which is evaluated on a monthly basis.

Products or services do not have a defined, competitive edge which distinguishes company from its competition.

Quality, on time delivery and service are not considered to be better or at least equal to competition.

Company is overstaffed and/or personnel do not have a sense of urgency and involvement.

Company does not have a clear, focused goal of constantly increasing market share, sales, and profits--with procedures in place to achieve these goals.

Company does not have an up-to-date written business plan which includes goals, strategies and action items that is clearly articulated and agreed to by all key managers.

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Renaissance is a management consulting firm that specializes in implementation and adding value in short time frames for companies engaged in manufacturing, distribution and service.

Renaissance consultants are the publishers of the "NJ Directory of Select Service Firms and Organizations®."

Senior management expertise is available for assessment and implementation in the following:

Project management - using hands on leadership to help assure on-time and within budget completion of special projects by proven senior level operating executives.

E-business utilization/Internet marketing along with Web site evaluation and e-commerce.

Turnaround management, crisis management and interim management - for troubled and/or under-performing companies where Renaissance consultants' considerable management and restructuring experience can add significant value either in an advisory capacity or as temporary CEOs, COOs or CFOs.

Business Positioning - preparation of business plans, growth strategies and acquisition plans. Also break even valuations for companies seeking additional capital; sales growth; growth by acquisition; to enter new markets; to be acquired; or to go public.