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Understand
The first thing our consultants will do is to learn
and understand your business and the financial statements
from top to bottom. We feel it is necessary to understand
more than just the financials to fully assist companies
in turning around their businesses. We analyze the
Industry, the Company, and the Competition to understand
how the current business model works and doesn't
work in the marketplace. At the same time we do
a full analysis of the Financial Statements (Balance
Sheet, Income Statement, and Cash Flow Statement)
to understand how the current model is manifesting
itself in the financial results.
Tell
Once the situation is fully understood, the talented
employees of KOConsulting will then tell the stakeholders
what the issues are and what options there are
going forward. These options can range anywhere
from slight changes in the operations of the company
to selling the company outright. What KOConsulting
understands is that the only way to inform the
stakeholders is to ensure the fully understand
ALL the potential options and ALL the potential
risks presented in a logical and informative manner.
KOConsulting will always recommend what they feel
the best option is, but will always now that the
final decision is that of the stakeholders and
will always prepare all options as if that would
be the selection of the stakeholders.
Undertake
and Execute
Once the options for your company have been fully
vetted, KOConsulting will move into the execution
phase of the U-Turn process. From re-financing
to operational improvements, the KOConsulting
team has the experience and expertise to execute
a successful plan. This is the most important
part of the process and demands focus both from
KOConsulting and our client. We work with our
clients every step of the way to ensure a successful
outcome.
Review
and Realize
Throughout the execution phase we review the strategy
and results to date. Every decision is critical
during this process, but no decision is final.
As results become available, the strategy and
execution process will be refined and adjusted
appropriately. Yes, the execution is the most
critical step in the overall process, but one
must willing to continue to learn and understand
what customers and the market are telling you
about your execution strategy. This continuous
review throughout the execution phase, helps ensure
the realization of your company's future. This
is what makes us as successful as we are in these
situations with our clients.
Nurture
KOConsulting does not simply suggest options for
our clients and move on to the next engagement.
Rather we prefer to nurture each engagement by
being involved and available at any time throughout
the life of the project. From before, during,
and even after the project is completed, we want
to see each and every client succeed and we do
our best in every situation to ensure that that
happens. Our consultants are committed and ensure
that every question, comment, and thought from
our client is reviewed and responded to in a timely
and efficient manner. Many times this means well
after the initial project work has been completed
providing additional assistance or insight for
our clients. At the end of the day, a successful
client means a successful KOConsulting.
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