Positioned International Software Company for licensing  of certain assets to Fortune 500 computer firm while managing company's prior obligation to debenture holders, common stock investors and preferred position investment groups.  Upon Chapter 11 filing of Fortune 500 computer firm (Memorex-Telex Corporation), directed necessary steps to liquidate company through Chapter 7 bankruptcy filing.

Produced monthly statments, P&L;
 managed company's trade debt obligations; counseled Board of Directors, CEO regarding liabilities during company downturn; worked directly with legal counsel during Chapter 7 filing, leaving no financial consequences to Board members or other Principles.      
  
Experience

Providing financial, operations, systems management and part-time CFO services to emerging and mid-sized businesses since 1988
Restructured financial and management controls for a Large Landscaping Firmwhile directing this multi-million dollar sales volume client through a successful Chapter 11 reorganization; improved cash flow by implementing new account receivable procedures, while negotiating payable terms with banks and other creditors.
Argo Management
   Hands-on CFO     Capital Acquisition    Reorganizations    Experience     Contact    Home
  
Principal is MBA University of Chicago graduate; highlights of experience include:


Designed and instituted emergency cash-flow procedures for a
Manufacturer with over 100 Employees; re-designed all accounting controls and reporting systems; identified and isolated low margin profit centers,  returning the company to profitability;  reviewed and documented manufacturing operations including direct labor utilization and incentive program; reduced costs and increased direct labor efficiency rates; documented and implemented new human resource policies.
For a Distributor of Vitamins and other Health Care products, developed accounting and reporting systems; negotiated lines of credit during startup phase of company's development.
For a Software Firm that Develops Web-based Systems for the Financial Services Industry invoked financial discipline by implementing cash controls, a budgeting process, and complete accounting and reporting systems.