Business • Medical • Dental Turnarounds • Restructuring • Crisis Management • Brokerage • Bankruptcy Consultancy

Devon-French, LLC

Practice Turnaround Consulting...Solutions that Work.
 
While many dentists hope their practice will never fall apart at the seams, the reality is that any number of missteps could start a downward spiral ending in layoffs, debt problems or ending up in bankruptcy court. One way to get back on track is to use Devon-French to help with those decisions.

Your practice may need Devon-French if it:

   1. Is struggling to maintain profitability;
   2. Has problems with lending institutions or is considering bankruptcy;
   3. Has ineffective management; and/or,
   4. Lacks financial and operating controls.

Take a look at the following Action Steps as you weigh whether or not hiring Devon-French should be your next call...

Analyze Your Situation:

Take a hard look at where your practice is failing and determine why the mechanisms you have put in place haven't stopped the bleeding.

Change Your Attitude:

It may be hard to relinquish control, but if you want your practice to shake off its financial troubles and get through the dark times, you have to put certain amount of trust in the consultant you bring on board.

Choosing a Turnaround Professional:

Although it may be difficult to conduct interviews or find someone who can effectively lead a restructuring, your company's survival depends on this person. It's not a decision to make lightly and neither do we.

How We Can Help

At Devon-French, our business turnaround professionals are a valuable resource for troubled or distressed medical and dental practices bringing viable solutions.  The majority of our work is debtor based, and in this respect we have an unparalleled reputation for resolving crisis debt issues in the shortest possible time frame. We have found that even the most successful corporate resolution firms take 6 to 9 months, or more, just to complete the initial crisis phase of an assignment. In the present. and  highly volatile economic climate this is not a realistic time frame for your survival. No matter whether debts are business or consumer, creditors are increasingly unwilling to wait that long for turnaround and relief. Most distressed practices are facing issues of crisis indebtedness that require resolution immediately, or not less than 90 days.  Our process of “Assessment, Action and Recovery” is designed to be completed in less than 10 days. Devon-French is unique in meeting the urgent needs of the present environment. Even though each of our engagements has its own unique qualities and service requirements, we have developed an effective system for the rapid resolution of all categories of medical/dental indebtedness.
 
Our primary and immediate goal is to keep our clients out of the bankruptcy court, yet provide most of the benefits and relief associated with a bankruptcy filing. Our service is equally applicable to those practices that are not necessarily troubled but whose future would be jeopardized unless certain issues are addressed without delay. Also, in these uncertain times, every practice needs to have a contingency crisis plan and the services described on this site will play a critical role in your preparedness.Our professionals help facilitate the strategic and operational decisions necessary to restore profitability. Depending on your needs, we offer a flexible approach designed to improve your business operations — and ultimately your financial performance.

 
Focusing resources on critical areas of your operations, we work with you to:

    * Define a new strategy based on analyzing markets, competitors and core competencies;
    * Recommend process changes to improve operating efficiency;
    * Identify methods for improving organizational structure and staffing levels;
    * Review expenses, credit relationships and cash flows;
    * Develop reorganization plans and forecasts of future performance; and,
    * Identify key performance measures and track progress weekly

Our approach is designed to position your company for long-term survival by enabling you to:

    * Continue operations without the burden of unmanageable debt
    * Reshape the organization for maximum efficiencies
    * Realign expenses to an appropriate level
    * Improve operational performance
    * Retain high-performing employees
    * Identify new leadership from inside and outside
    * Foster development of a new corporate culture

Why Devon-French

Our fees are a result-oriented, in other words…"No Results, No Fee". We guarantee results or you pay us nothing. Period.

If you would like a FREE consultation about how we can turn CHAOS into ORDER please contact us .