MANAGING A BUSINESS IN TIMES OF CRISIS. HOW TO SAVE A TROUBLED COMPANIES. HOW TO RESCUE THAT UNDERTAKING. ARRIAGA EXPERT PARTNERS IN FIRMS IN DIFFICULTY.
HOW TO SAVE THE COMPANY IN TIMES OF CRISIS. MANAGING ENTERPRISE HARD. ARRIAGA EXPERT PARTNERS IN FIRMS IN DIFFICULTY.
How to manage a company in difficulty and in times of crisis is not easy and many do not survive. The greatest difficulty is that the salvation of a company requires a change of mind of the employer and a change of strategic direction.
We say it is important to change the mindset of the entrepreneur, even more, it specifies that the employer to reinvent himself. Normally the employer has lived up to the crisis times of prosperity where strategy and how to compete served time but now no longer serve in times of crisis. Take examples: In the past it was important to be good business and be oriented to better serve clients and employers do not personally deal with financial matters, the fees or to get suppliers to grant to the company risk. Now, however, financial issues, billing issues and issues of providers achieve not trust the company are crucial issues.
Today, entrepreneurs do not know how to manage and resolve liquidity problems. How to manage the problems of bank financing for many entrepreneurs is only offering guarantees and guarantee your personal assets with debt. But this does not only save your company but also that they commit themselves even more.
Also difficult to change the company’s strategic direction. As much as there are many business opportunities because the competition has problems, many entrepreneurs seek only option as the price reduction is not usually used to get more sales but to reduce the margins. Many customers are finding more suppliers mediated by flexible, more integrated and more proactive and not at all interested in just buying cheaper if that means buying more quantities than are needed or if it serves to develop their own business or not solve their own problems or limitations of any kind. For example, many customers are demanding more funding, or supply based on sales or a joint marketing and shared.
In Arriaga Associates have worked with our clients to achieve their best operating results in its history, to refinance its debt or to increase it. We have helped to avoid any bankruptcy or to manage it on behalf of the company and the employer.
In Arriaga Associates we have lawyers, economists and consultants able to engage with their customers and to set fees based on objectives.
Jes√ļs Mar√≠a Ruiz de Arriaga
Lawyer, economist and consultant. Associate Director.