November/December 2009

• Analyzing Profitability in a Turnaround
  The task of successfully implementing a long-term turnaround strategy can be daunting. One of the most challenging issues is determining the root cause of financial difficulty. An effective tool for identifying a distressed company’s underlying problems is a profitability analysis. Learn the major steps involved in performing a profitability analysis by products, customers and company locations. More ›
  
  
• Keys to Successful Working Capital Management
  Working capital management has become the Achilles’ heel of scores of finance organizations, with many CFOs struggling to identify core working capital drivers and the appropriate level of working capital. As a result, companies can be limited in their ability to weather unforeseen events and ensure that cash is readily available where it is needed. Learn how companies can minimize risk, effectively prepare for uncertainty and improve overall performance by understanding the role and drivers of working capital management. More ›
  
  
• Five Stages of a Turnaround
  Rising competition, cyclical financial markets and economic volatility have created a climate where no business can take economic stability for granted. As once-stable companies struggle to maintain profitability, it is important to understand what it takes to complete a successful corporate turnaround. The Turnaround Management Association outlines the critical stages of a successful turnaround by addressing issues such as timing, inherent obstacles, making critical decisions, who to look to for help, and how to maintain profitability. More ›
  
  
• Maximizing Chapter 11 Success: Five Critical Areas for Chief Restructuring Officers
  A staggering 85% of Chapter 11 bankruptcy cases never make it to a confirmed plan of reorganization. Unrealistic expectations and inadequate planning often lead to an unsuccessful reorganization and an eventual liquidation. A Chief Restructuring Officer (CRO) can play an integral role in helping to ensure a successful emergence from bankruptcy. Read about five areas that are critical to the success of the CRO. More ›
  
  
• Recent Asset-Based Financing Solutions
  Find out about some of the financing solutions that Bank of America Business Capital recently provided, such as C$115 million to technology solutions and services provider Softchoice Corporation; $50 million to IT solutions provider Agilysys, Inc.; $45 million to automotive and industrial fastener manufacturer and distributor The ContMid Group; $25 million to heavy steel plate processor Artco Group International, Inc.; $18 million to spirits and wine importer, producer and supplier Imperial Brands, Inc. and $15 million to irrigation and landscaping products distributor Hydro-Scape Products, Inc. Visit the Transactions section of our web site where many of our client financing solutions are featured. More ›