Fix Your Business

Some CEOs reach out to peers, professional advisors or trusted friends for advice. More often than not, they keep their problems to themselves, hoping for solutions until their options are reduced or they run out of alternatives.

If their business is experiencing stagnation, no growth or decline, CEOs will tinker with it themselves… “Hey” they say, “I grew this business, so I’ll be damned if I can’t fix it myself”…maybe they think, “What I really need is more money to buy time”…or perhaps, they are convinced that what their business requires, is to do more of what they did previously (which did not work), but with more effort and intensity…

Many leaders don’t realize that as time goes by their operational “fix” becomes more costly, time consuming and complex to address. Others are in denial. As they tinker with possible solutions, their staff loses confidence in their leadership, and key employees scope exit strategies to save their careers. Some leaders are simply paralyzed by the overwhelming burden at hand and merely hope for salvation.

Regardless, any declining business goes through four basic phases of demise:

1. Stagnation: Where your business begins to feel market pressures, margin squeezes and shrinking orders,
2. Decline: External pressures begin to directly impact the internal structure and performance of your business,
3. Crisis: The cumulative internal and external pressures begins the meltdown and demise of your viable business, and finally,
4. The Zone of Insolvency: Where the turnover of suppliers, negative cash flow and a massive effort to save your business can include Court-supervised remedies.

Do you know which phase your business is in? How rapidly is it declining? Few can correctly “self-assess” their level of decline and realistically understand the level of effort, time and resources required to correct course and right-size. Many leaders assume that their business can decline for many years, but hope that it can pivot to growth in a few weeks. Others will openly tell you that, “it’s only just a glitch”. They are obviously, in not enough pain… yet.

Our clients consist of public or privately held firms, family businesses and non-profit organizations. They have no interest in wallowing in their present circumstances. Rather, they have a desire and passion to take charge and shape a dynamic future.

Parissis Partners is not a consulting firm in the traditional sense. We don’t consult or merely tell you what other businesses are doing. We are C-level turnaround leaders that operate from within an organization to address operational and financial issues. We work side by side with you, and lead forward to achieve your goals. Our team takes ownership of deliverables and outcomes. Leading a business to growth is not achieved through Skype calls and consulting reports. We work within your organization and on location to implement your plan.

Parissis Partners operates in a world where deliverables trump intentions. Our focus is always on identifiable results—that is, results within a matrix, and solely targeted on your needs and not ours. Our work generates and captures optimum results for your organization. The Parissis Partners process optimizes your organization’s full operational, financial and market capabilities fast to maximize options.

Successful leaders know that great plans without impactful execution do not yield desired results. As you make critical decisions, our professionals are always on your side and at your side. You are never left alone to carry the burden of implementation, nor face the absence of insightful counsel when you most require it. Moreover, as trusted advisors to lenders, we inspire confidence with all stakeholders and help businesses secure financing.

Our work does not end there. We have a stake in your outcomes. Your business is our business. We work with you, and not just for you. Trust is earned, and we stand shoulder to shoulder with you until all your goals are met. The Parissis methodology brings clarity, truth, simplicity and a “never give up” commitment to any project we work on.

Parissis Partners understands that the best way to shape your organization’s future is to create it. Clients retain us to create and implement a customized road map of specific deliverables. These are always unique to your business and circumstances, and we collectively achieve them by working within your business until all goals are met.