by Lou Kertesz | Feb 7, 2024 | Distressed Companies
We have worked with a number of family-owned businesses over the past twenty years and have learned that they have many unique qualities. A recent study completed by McKinsey and Company supports that finding and, in fact, has found that family-owned businesses...
by Lou Kertesz | Jan 24, 2024 | Distressed Companies
A new study by the US Chamber of Commerce published in December 2023 found that small businesses are getting hit with a disproportionate share of lawsuits and they end up paying out billions in damages. The study, based on statistics researched from 2021, found...
by Lou Kertesz | Jan 10, 2024 | Operations and Risk Management
As the calendar turns over to the new year 2024, most CEOs and boards of directors are thinking about a number of ways to improve their business. The topics typically range from growing revenue, improving productivity, improving employee morale, or increasing...
by Lou Kertesz | Nov 29, 2023 | Lending, Banking and Financing
In the intricate landscape of financial markets, the decline in loans to small and mid-sized businesses has become a pressing concern. Traditionally, banks have played a pivotal role in fueling the growth of these enterprises, serving as a lifeline for...
by Lou Kertesz | Nov 15, 2023 | Receiverships and Bankruptcy
Recently, Revitalization Partners was approached by a potential client who wanted assistance in closing down their business. They, being more of an artist than a businessperson, had turned over the management of the business to individuals recommended by...
