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Profiles

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Governwise
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Business Check-up
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Rapid Situation Assessment


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Rapid Situation Assessment

Identifying/focusing on critical issues before they are fatal

What is it?
  • Rapid review of state of the business, focusing on areas identified as critical and/or high risk
    • Cash analysis with focus on problem receivables
    • Revenue analysis – source of business, concentration exposure, missed opportunities
    • Business environment risks including environmental and other regulatory risks, economy, changing technologies, emerging competition
    • Lender relations, loan covenants, restrictions, guarantees
    • Investor relations
    • Litigation review
    • Operations review, including computer systems, capital equipment, processes, employee relations
  • State of the business report
  • Starting point for strategic plan
Who provides it?
  • Business, accounting, and marketing professionals
What is its value?
  • Immediate understanding of critical business issues
  • Identification of situations requiring immediate action
  • Plan of attack
  • Foundation for immediate communication with lenders and creditors
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