Skip to content

Transitions

Turnaround Consulting

Stabilize, evaluate options and then restore the business

A clear game plan with a management team that knows how to run the business going forward

The work

Senior-led work that holds up.

Rapid-response leadership to fix liquidity, restructure operations, and return a distressed business to profitability — or to the best available exit.

Who it’s for

Boards, secured lenders, and owners facing distress who need experienced operators actively helping the business now — not just preparing a report about what should happen.

The critical turn

When cash is tight, lender patience is shorter, and the company needs decisive action this week. When the difference between survival and failure is the quality of the next 90 days.

How it works

A clear path to a result that holds

01
Stabilize

Help company take control of cash immediately — 13-week forecast, vendor prioritization, and a credible story for the lender

02
Analyze

Identify the operational and cost actions that actually move the needle; separate fixable problems from structural ones

03
Negotiate

Renegotiate with lenders, landlords, and key vendors from a credible plan

04
Resolve

Return the business to operational profitability or help execute an orderly alternative — and stay until it holds

What we do

What every engagement includes

Runway assessment

Assess the amount of runway available to turn the business around

Cost & ops action

Identify and execute the operational and cost actions that move the needle

Lender communication

Open communication with secured lenders and other stakeholders

Options analysis

Determine the options available to the company and the viability and cost of each option

Management direction

Work with management team to direct their efforts towards a turnaround

CRO / interim role

If needed, serve as Chief Restructuring Officer or interim executive when the situation requires direct accountability

Stay until stable

Stay in the business until it is stable — not just until the plan is written

Outcomes

What you walk away with

Liquidity stabilized

Liquidity stabilized and near-term visibility restored within days

Credibility rebuilt

Credibility rebuilt with lenders, vendors, and key employees

Profitability restored

Operational profitability restored — or the best available alternative executed

Clear game plan

A clear game plan with a management team that knows how to run the business going forward

Why Inglewood

Experience on every side of the table.

Operators who have run distressed businesses, not advisors who only diagnose them. We make the hard calls quickly, communicate directly with stakeholders, and stay until the business is genuinely stable — not just until the engagement is over.

Common questions

Questions we hear early

It is senior-led work to move a business from a cash crisis to a credible recovery — stabilizing liquidity, restoring profitability, and earning lender confidence. The engagement runs through four stages: stabilize cash, restructure costs and working capital, align lenders and stakeholders behind a plan, and recover to a stable business. The measure of success is results, not a shelf of deliverables.

The critical window is when cash is tightening, the lender wants a credible plan, and every week of drift burns runway and narrows your options. It is built precisely for owners, CEOs, boards, and lenders facing a cash crisis, covenant default, mounting losses, or a forbearance deadline. Engaging while there is still runway to work with gives the recovery the most room; the confidential cash and viability review is designed to happen this week, not next.

Stabilized liquidity with cash under control and the business still operating, restored profitability with losses stopped and margins rebuilt line by line, and a bankable plan that lenders and stakeholders stand behind. The intent is to keep the business intact and preserve value for owners rather than force a sale. A defensible 13-week cash forecast anchors the whole effort.

The first stage builds a defensible 13-week cash forecast to protect liquidity fast and keep the business operating while the deeper fixes take hold. It also becomes the basis for direct, credible dealings with the lender that secure recovery runway. From there the work resets cost structure, working capital, and underperforming product lines.

National turnaround firms bill at rates a distressed business can rarely justify, and much of that cost funds a bench rather than the fix. Inglewood pairs four decades of turnaround experience with senior-only, low-overhead teams, so capital goes to the recovery instead of the overhead — the senior partner who scopes the work is the one doing it. If the underlying issue is broader ownership or leadership change, our succession work can pick up from there.

Start the conversation

Request a consultation

Request a confidential, 24-hour situation review

  • A senior partner reads every request and responds personally.
  • Confidential, and no obligation — a straight read on where you stand.
  • Typically a reply within one business day.

Request a consultation

Request a consultation

Tell us about your situation. A senior partner reads every request and responds directly.