Turnaround

Drive Progress After a Setback

Hands-on leadership. Reputation for business know-how. Recognized experience in helping companies recover from tough times. Owners who are struggling to restore the health of their businesses trust Platinum to help them restore value based on these strengths:

  • Hands-on leadership. Platinum’s consulting services offer C-level leadership with a reputation for integrity that comes from years of guiding business owners through change and growth. All of the firm’s partners, members and associates have executive-level experience, including CEO, COO or CFO. Many have been business owners and understand the unique challenges of privately held companies.
  • Reputation for business know-how. Clients say that Platinum offers significant, core business knowledge to lead companies through critical transitions, such as solving cash flow problems, restructuring the organization, negotiating bank relationships, and more. Check out Platinum’s Tools for Tough Times for some tried-and-true resources to help survive tough times.
  • Recognized experience. Platinum Group was awarded the “Turnaround of the Year” award in 2004 and “Transaction of the Year” in 2008 by the Upper Midwest Chapter of the Turnaround Management Association. The firm has invested in, managed and/or advised more than 800 companies in the Upper Midwest since the early 1980s, and has stepped in as interim management for more than 90 companies.

Turnaround Expertise

Platinum Group has significant experience in successfully helping companies in need of turnaround services. Below are a few resources which demonstrate this expertise.

Cash Flow Management

Workout / Restructure

Announcements

Events

A monthly transition story and roundtable discussion for successful business owners pursuing next steps in their businesses and lives.

Featured topic for March: Two Options for Finding Successors

Over 18,000 family or closely held business owners in Minnesota will come to a realization in 2012 that it’s time to turn the reins of leadership and ownership, over to someone else. Where will today’s owners find the right person or team to make this transition possible? Our experience shows that succession can easily take five years or longer to envision, plan, select, develop and implement. And a lot can change over five years.

Join us March 13th to learn more about family and privately held succession plans. Using real case studies presented by Transition Resource Group members we will look at options for finding successors for your business.

With real situations as the catalyst, we expect lively questions and dialog around why and how these succession plans developed and were successful.

Our Transition Forum is confidential with voluntary participation. There is no obligation or cost beyond your breakfast each month. Trusted advisors are welcome when accompanied by a client or business owner approaching transition . . . someone who has moved from dreaming to worrying about how to step into real transition. Owners – bring your transition advisor!

The Transition Breakfast Series will be held at 8000 Norman Drive, Bloomington in the 2nd floor conference room (watch for Platinum signs). The event begins at 7:30 a.m.

Cost is $25 in advance or $30 payable at the door. Please e-mail Donna Gray with questions, or if you are unable to attend after registering. We hope you will join other business owners in learning from shared transition experiences.

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