by Lou Kertesz | Mar 20, 2024 | Distressed Companies
The month of March is Women’s History month and as a tribute to International Women’s Day, we would like to highlight some of the important accomplishments of women business owners. A recent study, 2024 Wells Fargo Impact of Women-Owned Business Report, found...
by Lou Kertesz | Mar 6, 2024 | Receiverships and Bankruptcy
In our continuing series, Tales from the Receivership Trail, we are sharing an interesting story that shows for sure that crime does not pay. Situation: A 50% owner (Owner A) of a flooring contracting business suspected that the other 50% owner (Owner B) was...
by Lou Kertesz | Feb 22, 2024 | Distressed Companies
A recent Grant Thornton CFO survey conducted in the fourth quarter of 2023 showed dramatic increases in finance leaders’ expectations of their ability to meet business goals related to their supply chain needs, labor needs, increased customer demand, cost...
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...
