The business consulting practice of Drakeford & Kane LLC brings a unique set of skills, experience, and insight to start-up ventures, small businesses, exempt organizatiosn, professional practices, and mid-cap companies. Indeed, we specialize in assisting owners, directors, officers, and other corporate stakeholders with transition and distressed management issues. Through our proprietary action plan, we don’t just talk about your business issues, we do something about them. Quickly. Efficiently. Thoroughly. Drakeford & Kane LLC delivers results.

If your enterprise requires assistance from professionals who excel at providing guidance to management, enhancing intangible assets, surmounting regulatory and compliance hurdles, maximizing corporate assets, validating strategic opportunities, and optimizing corporate resources, Drakeford & Kane LLC is the firm for you.

Our business services, for companies in transition or distress, encompass the following practice areas:

Drakeford and Kane LLC offers business services as well as legal services to a wide range of industries, particularly health care, technology, tax exempt, finance, and retail enterprises. Most businesses benefit greatly from our expansive client base because we leverage best practices and management innovations from one industry to the next. This approach, in turn, allows us to engage many transition management issues proactively. We identify viable strategies and execute complete solutions before business dynamics limit your options. Leveraging our experience also enables us to handle distressed management issues adeptly. We address delicate, sensitive issues quickly and quietly before the crisis significantly impacts your bottom line.

Whether your company requires assistance with planning a joint venture, unleashing the full market potential of intellectual property, navigating governmental minefields, determining the best method to value a company, evaluating accountability and transparency procedures, or reviewing employment policies and practices, Drakeford & Kane LLC is the right choice for you.

TRANSITION MANAGEMENT

A company undergoing a major transition often requires managers who are experienced with a number of non-recurring issues. Transition Management, a key specialty of Drakeford & Kane LLC, involves significant corporate events, such as:

Our transition managers are an expertly skilled and dedicated resource for enterprises embracing an exciting, unfamiliar, or daunting direction. We partner directly with key members of your management team to buttress their critical decisions. Our knowledge becomes your knowledge. For clients seeking expedited results, we assume one or more key management roles and responsibilities.

Drakeford & Kane LLC adds value to companies in transition situations by providing expert assistance or direct management during significant corporate events. The infrequent nature of these events lends itself to our expertise. We augment internal resources and expedite critical processes so that your transactional objectives can be attained successfully.

DISTRESSED MANAGEMENT

A company encountering challenges from either stakeholders or government agencies frequently engage managers who address such matters proficiently. Distressed Management, an unparallel strength of Drakeford & Kane LLC, involves confronting challenges, which often arise in expected as well as unexpected crisis situations, by or between:

Our distressed management team specialize in adverse situations. Regardless of whether a crisis is incipient or imminent, Drakeford & Kane LLC executes adeptly under intense, inimical circumstances. We diffuse so you don’t lose. Armed with patience, understanding, and empathy, not to mention finely-tuned negotiation and mediation skills, we facilitate meaningful resolutions. As outsiders, unencumbered by loyalties, internal conflicts, and office politics, our professionals quickly earn the trust and confidence of constituencies. We then work diligently to dispel myths, assuage fears, foster conversations, soften positions, and break impasses. Drakeford & Kane LLC places a premium on rebuilding healthy relationships. When mutually acceptable agreements are inconceivable, we impose resolutions on intransigents through other means.

Challenges from the government, particularly if they relate to fiscal or political pressures require a different approach. We use creativity, savvy, tenacity, and when appropriate, humility in order to attain auspicious results. We strive for either a heads – you win – or a tails – you don’t lose – outcome.

Drakeford & Kane LLC adds value to companies in distressed situations by facilitating dispute resolutions or business solutions through every stage of a crisis. The difficult nature of these situations lends itself to our expertise. We manage challenges by or between internal and external stakeholders as impartial neutrals while enhancing your business objectives. We also manage challenges to your business by federal, state, and local regulators.

ACTION PLAN

 Drakeford & Kane LLC uses a proprietary action plan for almost every engagement. Although our action plan is adaptable, depending on the unique needs and requirements of each client, it provides us with a unified, disciplined blueprint to assess, evaluate, analyze and disseminate business strategies and solutions. The action plan consists of five segments: Issues, Facts, Assumptions, Quantitative and Qualitative Analysis, and Recommendations.

Issues

The Issue segment of the action plan defines the situation, requiring either transition or distressed management, more clearly. Drakeford & Kane LLC also makes a strong effort to identify our client’s expectations, needs, desired outcome, and timeframe during this stage. Finally, we carefully select one or more professionals whose skill sets and experience match the client’s business and industry in light of the situation.

Facts

During this segment, we interview key personnel and review pertinent documents in order to obtain a comprehensive understanding of the situation. While stakeholders and regulators are entitled to their own opinions, they are not entitled to their own facts. Drakeford & Kane LLC separates facts from assumptions and opinions to form part of the foundation for our strategies and solutions.

Assumptions

According to the Merriam-Webster dictionary, an assumption is a fact or statement taken for granted. We treat all information which cannot be supported by an individual or sourced to a document as an assumption. Our team then determines whether each assumption satisfies a reasonableness test. If not, we either make an adjustment to, or eliminate, it.

Quantitative and Qualitative Analysis

We coalesce the issues, facts, and assumptions to identify new or more realistic opportunities and risks in the Quantitative and Qualitative Analysis segment of the action plan. Toward this end, this segment often involves clarifying things further with key personnel, researching additional information, or evaluating new issues, facts, and assumptions in light of the situation.

Recommendations

The last segment involves reporting our findings. Drakeford & Kane LLC then rates each recommendation as to either the best and least-best options or most and least-likely scenarios. We then invite our clients to review and challenge our analysis and recommendations. Once our findings have been approved and accepted, we execute our strategies and solutions without delay or hesitation.

The purpose of the action plan used by Drakeford & Kane LLC is fairly straightforward. The action plan provides us with a structure to identify business needs carefully, to confront issues objectively, to provide fact-finding accurately, to quantify opportunities and risks clearly, and to make recommendations confidently. Because each situation is different, it is almost impossible to determine beforehand how much time is needed to complete the action plan. Nevertheless, you can be assured that Drakeford & Kane LLC professionals will manage your company – whether in transition or distress - quickly, efficiently, and thoroughly.