by Al Davis | Aug 4, 2021 | Operations and Risk Management
Most small and mid-sized businesses already have a board of directors. In fact, if they are organized as a corporation, they are required to have a board. But many of these boards are made up of family members in a family- owned business or friends and sometimes...
by Al Davis | Jul 21, 2021 | Distressed Companies
Normally this blog posts articles related to distressed companies, management concepts and financial management or activities. This week is different. This blog is about the country, which is in as much difficulty as any distressed company. ...
by Al Davis | Jul 8, 2021 | Operations and Risk Management
The world has changed. We don’t really know how much yet, but we do know that some things will never be the same. According to the National Federation of Independent Business, some 92% of small business aid they had suffered negative effects as a result of the...
by Al Davis | Jun 9, 2021 | In Our Experience
The Paycheck Protection Program (PPP), along with other federal and state initiatives, helped many business stay afloat during the COVID-19 pandemic. Now that the U.S. Small Business Administration (SBA) stopped accepting new PPP applications from most lenders...
by Al Davis | May 26, 2021 | Operations and Risk Management
Many equate the success of a company to its reported profits. While profits are good, they do not represent the financial standing of any given company. It is quite possible for a company to report profits while at the same time being on its way to going out of...
by Al Davis | May 12, 2021 | Operations and Risk Management
Several weeks ago, Rosie Johnson, one of our readers, inquired if they could write a paper for Revitalization Partner’s blog. Given the contrasts in the economy and the impact that the pandemic has had on the financial security of so many people, we felt...
by Al Davis | Apr 28, 2021 | Operations and Risk Management
As more and more people get vaccinated, the economy is finding itself at a crossroads. Unemployment remains high and yet many businesses cannot find the employees they need to grow as the pandemic comes to an end. As a result, you may think that finding that...
by Al Davis | Apr 14, 2021 | Receiverships and Bankruptcy
In our last blog, we outlined the costs of Chapter 11 Bankruptcy. Shortly after writing that blog, a major Boeing supplier, TECT Aerospace, filed for Chapter 11. In their filing, they cited “catastrophic financial losses stemming from the suspension of 737 Max...
by Al Davis | Apr 14, 2021 | M&A/Capital Markets
Apr 13, 2021, 4:02pm PDT PUGET SOUND BUSINESS JOURNAL The Seattle area saw $4.5 billion in venture capital funding in 2020, a 14% year-over-year increase, according to the Seattle-based financial data firm PitchBook Data. Seattle has already notched multiple...
by Al Davis | Mar 31, 2021 | Receiverships and Bankruptcy
During 2020 Chapter 11 business bankruptcy filings were up 29% over 2019. In the second half of 2021, bankruptcy filings are expected to increase dramatically as the economic impact of Covid -19 becomes clearer and as the various stimulus packages come to an...
