Articles from New England Consulting Partners

With the recent stalemate in Congress that led to a government shutdown, it is ever important for business owners to assess current economic and geopolitical influences that may impact their operations and cash flow. Three elements that all business owners must watch carefully over the next year include continued interruption in the supply chain, increasing costs, and fluctuating interest rates. By monitoring these three key areas, businesses will be able to gauge the impact they will have on their cash flow and income statements, according to Thomas (Tom) Desmond, Founder and Managing Partner, New England Consulting Partners (NECP), a turnaround management firm serving small and midmarket companies across the U.S. and in Europe.

New England Consulting Partners (NECP), an international turnaround management firm headquartered in Boston, has hired Jamin Hutchens and Kate Bleskova as Directors to help meet increased demand for its services.

New England Consulting Partners, a national turnaround management firm headquartered in Boston, today announced two senior-level promotions in conjunction with the company’s recent expansion into new industries and geographies, including Europe.

Some economists say that the U.S. economy is experiencing an unprecedented labor shortage and particularly impacting small and mid-size businesses as they work toward their recovery. Temporary workers are being scooped up, and the agencies are charging a premium; finding direct labor employees is almost impossible. Large Fortune 100 companies that are well-capitalized are paying higher rates of pay to entry-level, unskilled workers as well as sign-on bonuses: making it difficult for middle-market companies to compete.