Inventory assets - assert location and identification
Identify issues to securing and liquidating assets
Analyze and document what got dealership into trouble
Develop plans and processes to maximize return to all parties
Provide estimates of different scenarios.
II Recommendations:
Based on experience, meetings with management, shareholders, employees, banks, legal council and any other key stakeholders, outline recommended approach and benchmarks. Realizing approach changes if with time more facts provide need to change strategy or assumptions need to change.
III. Implementation
Put team together to make sure plan is implemented properly coordinating efforts and talents.
Will include knowing where to get the right resources in place quickly to implement the plan which may/will include :
management of Real Estate issues
personnel changes
organization changes
liquidating part of business
include customer communication and/or vendor communication
Will include weekly projections and events and tracking to projections
