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…

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,…

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…

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…

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…