Turnaround Consultant Working Papers for Engagements
As a turnaround consultant, you do not have standardized working papers and procedures that most other consultants have. For example, every CPA firm or big name management consulting firm has standard working papers for their auditors and consultants.
At our turnaround consultant firm, this lack of standard procedures has always been a headache. Each turnaround consultant handles an assignment differently. This often confuses the client if we must switch out a turnaround consultant in the middle of the engagement. Also, the quality of each engagement varies drastically based on the turnaround consultant leading the assignment.
To get a control on these variables, there is a solution. It is Dan Betts’s superb turnaround consultant handbook, “The Insider Secrets to Saving Your Business: The Step-by-Step Turnaround Guide.”
This handbook covers every procedure needed in a client engagement. In particular, it covers cash handling, core business discovery, turnaround planning, and plan execution. In addition, there are procedures for finding financing and selling the business, which are critical tasks of a turnaround consultant.
Mr. Betts includes with this restructuring guide a set of working papers as a bonus for buying the handbook. This separate publication is called “A Detailed Checklist to Speed Your Firm’s Turnaround.” These working papers cover the complete engagement and are over 40 pages long. This bonus can be worth the price of the handbook just by itself!
If your firm needs working papers and a handbook of turnaround consultant procedures, then you must buy the Insider Secrets guide.
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