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Experts know what they don’t know!

While the team at New Growth Advisors can’t possibly be experts in every field, we have the expertise to help any type of business thrive and grow. We didn’t know anything about ink manufacturing, running nursing homes or metal fabrication, but we quickly learned what we needed to know and…

Brahma Investment Group (Norwood, Ohio)

NGA Role • Sumner Saeks, of New Growth Advisors, was appointed receiver in Hamilton County Common Pleas Court to maintain and sell the property formerly operated as Quality Inn Norwood. Problem • The hotel closed in June of 2014 amid litigation in State, Probate and Federal Courts. • For sixteen…
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It all Begins at the End

“It’s the beginning of the end!” That’s how most owners feel when their business goes into distress. But it doesn’t have to be that way. Working with a skilled turnaround professional who understands the big picture and who knows how to ask the right questions can mean the difference between…

What It Takes to Talk the Talk in a Turnaround

By Sumner M. Saeks Principal, New Growth Advisors Lost in translation… often, that’s how business owners feel when trying to speak with bankers, attorneys and business consultants who attempt to help them with their challenges. As a business owner, yours is the language of serving customers, working with employees, buying…

A Tale of Two Receivables

By Patty Grasty Client Support Specialist, New Growth Advisors Even in the best of times it’s important for business owners to take the advice of experts if they want their successful company to go from good to great… so, it’s even more critical for companies facing the worst of times,…

Fortress Storage Receivership (Milford, Ohio)

New Growth Advisors was recently appointed receiver in Clermont County Common Pleas Court of an operating self-storage facility in Milford, Ohio operating as Milford Fortress Storage after a large, national lender referral. NGA operated this medium sized self-storage operation, increased tenancy and monthly operating cash flow and sold the going-concern…

Defining the End at the Start

When we are contacted by the owner of a distressed business she invariably asks, “Can you help me?” While we have great confidence in our abilities as turnaround consultants and change agents the question that must communicated very clearly, precisely and in understandable terms is, “What are you trying to…

Going Concern Can Maximize Recovery

New Growth Advisors was appointed receiver over the going operation of Amco Products. Amco Products was a multi-generation family owned and operated business struggling as many of its customers shifted supply from domestic manufacturers to lower-cost foreign manufacturing. This type of off-shoring had practically killed Amco Product’s business. The company’s…

The Real Question in a Turnaround

By Sumner Saeks “I don’t need some so called turnaround consultant to tell me how to fix my business,” said the distressed business owner. “Sure we have been losing money every month this year, but all these people do is fire my employees. Shipments are going to be late, quality…

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Contact Info

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Blue Ash, OH 45241

513-489-7399
turnaround@newgrowthadvisors.com

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