The Winning Attitude - Never Give Up
Your vision is the key
to fast recovery
If there is a basic core competency that establishes the common
denominator of businesses who retain the services of Lifeline Consulting
Group, Inc., it would be the willingness to re-affirm the original vision,
goal or purpose that motivated the owner or principals of the company
to launch its activities.
Bankruptcy is all too often found to accompany a failed purpose
toward ever really getting out the other side of financial setbacks.
Too often, a consultation with a bankruptcy attorney "confirms"
the failed purpose and helps the business owner agree
to give up. We disagree with this outcome, and we see the results
that can be obtained by restoring the certainty that financial
problems can be resolved. Our efforts to negotiate on behalf
of an endangered business are successful largely because the business
itself wants to survive.
Examples of some typical results that can be obtained for clients
of
Lifeline Consulting Group, Inc.
The following are hypothetical examples which will serve to provide
perspective on how we may be able to help your business.
- A manufacturer uses widgets [theoretical product] to make gadgets
[another theoretical product]. He gets bad widgets from his supplier
and complains. The supplier refuses to take the product back and
demands the money. The supplier is the only one that sells these
sort of widgets and the manufacturer now cannot purchase them
so their business is going down because they cannot make
their product. We go in and help the manufacturer and supplier
reach an amicable solution so that both parties are happy and
they can continue doing business together in the future. In this
case everyone wins.
- Another example would be cash flow problems, where the company
cannot pay their vendors; we would work with each individual
vendor to lower the total amount owed on each account and pay
them off so that the company can get back on its feet and not
go out of business. The business can go forward without carrying
this debt and start seeing a profit again.
- There can be a situation where a subcontractor doesn't get
paid by the contractor because he has, in turn, not been paid
by the owner. The subcontractor stops working on the project,
the project doesn't get finished and everyone loses. We contact
everyone and resolve the problems and work out a solution
so the project completes and everyone gets paid.
Along with the above situations, you can, of course, simply be
in a situation where you have gone for too long without paying down
accounts payable, credit lines, business bank cards or other unsecured
loans due to unexpected or prolonged downturns in your income, losses
due to mismanagement, or any number of other reasons, leaving you
with a negative cash flow scenario that is unlikely to resolve without
a "miracle." Any turnaround strategy can be vastly assisted
by simply giving us the accounts to negotiate against your available
cash-on-hand. Additionally, we can collect your past-due accounts receivable and enable the cash flow to pay your vendors.
Please contact
us for more information, or submit a free
evaluation form .
|