Thursday, August 4, 2011

Myth: 3rd Party Negotiators Will Ruin the Relationship between Customer and Vendor

Image via Financialanalystresume.net

Many businesses go through phases of financial strain during their existence. The economy and other outside factors will cause fluctuations in cash flow and profits.  These negative cash flow cycles will provide a need for financial restructuring and negotiation by a third party. There is no need to consider bankruptcy and face the associated financial implications.  You have options that will help restore your profitability.
 
Once of the common myths is that third party negotiators will ruin the relationship between companies and vendors. This is usually due to a company not choosing the right negotiating party.  Third party negotiators like American Corporate Turnaround want both the company, as well as the vendor to experience a win-win situation.  In the current economic environment, many businesses are facing mounting payables with the slowdown of sales.  With the banking community reluctant to lend and credit card lines being reduced, companies are looking for a lifeline with their current vendors.   A third party negotiator will employ a methodology that will create a harmonious relationship between the company and vendor.

Benefits of debt negotiation:
*  Avoid Bankruptcy
*  Soothe relations with current vendors
*  Save time by allowing 3rd party to handle all negotiations
*  Avoid legal fees
*  Create cash flow
*  Keep necessary supply shipments flowing
*  Salvage company’s credibility
 
At American Corporate Turnaround, our goal is to always preserve the relationship between our clients and vendors. American Corporate Turnaround explores all options that are open.  As we explore our client’s current balance sheet, we will be able to lay out all the alternatives so the correct choice can be made.

American Corporate Turnaround is a 3rd party mediator between the company and the vendor.  We are experienced financial analysts and we are always striving to get the best result for our clients. As our slogan says “We Make Un-Payables-Payable”.

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