As a business growth strategist who specializes in turning around distressed companies, I’ve learned to identify the warning signs that indicate when a business is in trouble. These signs can range from declining sales and profitability to cash flow issues and employee turnover. When a company exhibits these symptoms, it’s essential to act quickly to...
I am often struck by the statement of business owner and CEOs, that they want to take their business to the next level. I ask them, “What does take your business to the next level” really mean? Does it mean growing revenue and improving profits? Improving the financial key performance indicators? Upgrading mid-level and senior...
Parker Revenue Growth Strategies – Who We Are Parker Revenue Growth Strategies (PRGS) is a revenue growth and business turnaround management firm that dramatically improves operating systems and results for mid-size companies, non-profits and private equity portfolio businesses. The company provides business assessments to prepare privately owned companies for an exit strategy for maximum return...
When I am going through the organizational fitness business assessment process with business owners, one of questions that I ask is, “What is the value of the business”? Often times, I hear, “I”m not sure, or its worth millions more than the balance sheet indicates”. An entrepreneur must be committed to building a company with...
During the lifetime of a small to medium size business, it will inevitably falter in the execution of its strategy which will have an impact on employees, customers, and other stakeholders. When identifying the factors that will assist the CEO and management team in a restructuring event and or turnaround it is important to ask...
