Every small business has its own unique backstory, but the challenges it faces are often common across industries. Lack of working capital, evolving markets, issues within the C-suite . . . these are all real-world problems that the professionals at TAP have solved with real-world solutions.
PROBLEM: The decision to change its business model to one that concentrated on community solar gardens led to unexpected problems.
PROBLEM: Large contracts were lost, forcing the company to file for Chapter 11 protection.
PROBLEM: A lack of working capital and unique corporate structure hindered management’s growth agenda.
PROBLEM: COVID-19 impacted much of the company’s client base which, in turn, led to its own cash flow issues that endangered commitments made to trusted customers and suppliers.
PROBLEM: The reputation and future prospects of one of the companies was beyond repair, impacting operations and requiring a bankruptcy protection filing.
RESTRUCTURING 101: What Your Company Needs to Know, and Do, to Survive Challenging Times