Will bankruptcy be an issue for your business in 2019?
With increasing interest rates and debt maturities affecting retailers, large tariffs impacting farmers, and changes in consumer spending influencing sectors like the bridal industry, the potential for more bankruptcies in the year ahead may impact your business. In fact, a recent report suggests that as many as 20 million Americans could benefit by filing personal bankruptcy.
Whether you are considering bankruptcy or you find yourself a creditor, Asterion’s team of professionals can assist you in analyzing the financial consequences to your business and help you through the process.
Does your business have a plan to remain profitable next year?
As the economy begins to slow down, managers will need to do more to remain profitable. GM is cutting costs. The Gap is shedding underperforming assets. Honeygrow is reconsidering expansion plans. If management makes the right moves in turbulent times, a business can rebound. Guitar Center’s current upswing is one recent example of how a turnaround can succeed.
If you are concerned about the impact of ever-changing market forces on your business, the professionals at Asterion can help you properly assess strategic plans and identify alternatives to help meet the challenges you face.
FYI
An in-depth report on worldwide problems with medical devices has been published and the FDA has announced a forthcoming update to the medical device approval process.
Trends We’re Watching
For the first time, the Federal Reserve has issued a Financial Stability Report.
On the Lighter Side: Earth’s Mysteries
An expedition to Antarctica may answer the question of when fish learned to walk, and unexplained seismic activity beneath the ocean near Madagascar has some of us wondering if Godzilla is awakening.
What’s Puzzling Us: Why people cannot get enough Wawa.
Now they’re offering catering and coffee stout.
The Thread Recommends: Understanding why restaurants seem so loud.
Spotlight on Receiverships & Liquidation Services
Asterion, Inc. (“Asterion”) has extensive experience providing services in fiduciary roles such as trustee, receiver, examiner, plan administrator, liquidating trustee, disbursing agent, claims agent or replacement plaintiff.