What can FMA accomplish that owner-management cant?
We bring the financial professionalism to help create and then sell a realistic recovery plan – one that gets everyone inside and outside the company on board. In working with management to turn a struggling business, the presence of fresh energy and objective realism can make the difference in helping restore the faith and confidence of employees and creditors. Beyond that, our working relationships with local banks and out-of-town financing sources is a great asset. They know the quality of our work and that well be tough but reasonable in our requests. Theres a lot of value in knowing the territory and just how far you can push. Also, we can be the source of restoring credibility that may have become damaged. And, where needed, well play the heavy behind a layoff, firing or hard creditor negotiations. That preserves important owner-management good-will. Finally, we are networked to draw on other important turnaround specialists who are resources for legal counsel, marketing and oper