Turnaround and Sale Solved Owner’s Rapid Loss of Cash and Deal Fatigue
The owner of an IT services company in a mid-sized, Midwest market had invested heavily in the business but was losing money monthly. With little passion left for the business and struggling with what to do next, the owner’s wealth manager recommended that he call Platinum Group to stop the bleeding and determine next steps.
Read how Platinum helped a heavily invested owner recoup his investment.
Platinum In the News
To Improve Company Performance, It Helps to Follow Best Practices
"How is my company performing and what, if anything, should I be doing to keep on track?"
"That's a common question owners should ask themselves daily," writes Pat Brennan, a Platinum Group Partner in the November issue of Upsize Minnesota magazine. "Just like going on a trip, they know their desired destination – sustainable profitability and working capital sufficiency. Yet without a series of early warning indicators, they begin to lose altitude and can be headed for a crash before they have a chance to make a course correction and save themselves."
Read the full article online at Upsizemag.com.