NHB Advisors, Inc. named one of the outstanding turnaround firms for 2009 by Turnarounds & Workouts. See the article

















Turnarounds and Interim Management

NHB Advisors, Inc. built its reputation by providing turnaround management and consulting services on behalf of middle market companies. The NHB Advisors, Inc. client portfolio has grown to include regional and syndicated lenders as well as creditors who reach out for NHB Advisors, Inc. when they want advisors who understand management and can manage the business, if it becomes necessary.

NHB Advisors, Inc. provides the leadership and credibility required to reconcile the client’s objectives, economic reality and available alternatives to establish an achievable goal.

NHB Advisors, Inc. will provide assessment and recommendation concerning the viability of the business, and turnaround strategies available. Provide the preliminary action plan for implementing the turnaround strategies; assess financing and organizational resources, and recommend changes as necessary.

Stabilize cash flow by establishing an effective cash management system.
Negotiate with lenders, banks, trade creditors and taxing authorities.
Prepare a situation analysis report to include the following:
Determine if the business can or should survive
If appropriate, identify the turnaround strategy most appropriate for situation
If appropriate, develop a preliminary action plan for implementing the chosen strategy

The Turnaround Process