GlassRatner provides strategic advisory services and interim management services to companies that are experiencing financial difficulty. We help companies focus on fundamental business practices that may have been deferred or ignored. In this area we assist management in:

• Reducing losses
• Controlling expenses
• Increasing liquidity
• Improving business processes
• Divesting non-core businesses
• Coordinating communications between lenders and creditors
• Acting as sounding board for management
• Taking on management level responsibilities

GlassRatner will also investigate, recommend and manage specific procedures to support a business turnaround, including:

• Short term cash flow analysis
• Steps to improve liquidity
• Cost-cutting measures
• Sale of non-core business assets
• Operational financial analysis
• Historical financial analysis
• Cash flow forecasts
• Business plan preparation
• Capital restructuring
• Initiatives to raise capital

GlassRatner has successfully managed and completed Turnaround Management assignments lasting from several months to over a year. Our presence serves as a catalyst for change—facing difficult choices and building consensus for going-forward business plans.