Turning Group Offering Guidance to Struggling Small Businesses During the Pandemic

    DORAL, FL, August 01, 2020 /24-7PressRelease/ -- Turning Group, experienced business liquidation specialists, are offering their assistance to businesses that have suffered during the COVID-19 pandemic. The Turning Group offers comprehensive bankruptcy alternative and liquidation services to clients throughout Florida, whose business is facing bankruptcy.

The Turning Group specializes in finding alternatives to bankruptcy, such as outside investment and merging with other businesses. However, for those who have decided to shut down their business due to the COVID-19 pandemic, liquidating the assets through bankruptcy may be the best option. With professional guidance, those business owners can limit the ramifications of bankruptcy and protect personal assets. Salons, restaurants, retail stores, and industrial businesses are among the clients of the Turning Group.

"Determining that your business must close or liquidate is never easy, but we're here to make it a little bit easier for you," the spokesperson for the Turning Group said. "Founded by trusted advisors and business experts Matt Person and Rod Amar, our firm offers comprehensive bankruptcy alternative services across the State of Florida. We work closely with our clients to ensure that struggling small businesses can find the relief they need to either avoid bankruptcy or minimize its impact. We are experts in finding alternatives to bankruptcy, such as mergers, acquisitions, and outside investment. If bankruptcy is the best option for you, we can assist with liquidating assets and the ensuing tax implications. At the Turning Group, creating detailed exit strategies is all we do, and you can turn to our expert guidance to minimize the fallout of your business' closure as much as possible."

Turning Group experts' primary goal is to ensure a business owner avoids declaring bankruptcy and determining whether alternative options, such as merging with other businesses or pursuing outside investment, may be viable. If full liquidation is the most viable option for a business, a detailed inventory of business assets will be prepared.

As a full-service bankruptcy alternative, the Turning Group works with a network of legal experts, investors, and other professionals to help business owners find solutions such as investment, partnership, or acquisition.

If bankruptcy is the best option for a company, the Turning Group leverages its partners in the auction and assets appraisal space to list their assets for sale, and maximize the real estate and equipment value. Determining the liquidation value is a step that follows. The liquidation value is the amount a business owner can expect to recover in a forced business sale situation. However, if a liquidation sale is not worthwhile, Turning Group experts will help business owners pursue more appropriate alternative exit solutions, such as a sale.

The Turning Group is located at 9560 NW 41st Street, Doral, Florida 33178. You can contact them at 954-557-8029 or online by filling out a brief form. Visit their website for additional information regarding their services.

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