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    RICHARD HENRY GROUP ANNOUNCES THE ADDITION OF A NEW CLIENT TO ITS PORTFOLIO

    Richard Henry Group’s turnaround services have been retained by a local Ohio supermarket chain.  RHG advisors
    will provide consulting services in various areas:  
    business development,
  • financial plan development,
  • financial planning,
  • debt restructuring, and
  • lender due-diligence preparation.  

    Richard Henry Group will begin its services by assessing the following:  
  • current financial structure,
  • financial report system,
  • asset analysis,
  • secured lender relationships,
  • unsecured lender / vendor relationships,
  • cash and capital requirements,
  • staff capabilities,
  • assessment of financial and operational problems affecting company performance, and
  • development of a financial and operational turnaround plan to resolve organizational difficulties.

    RICHARD HENRY GROUP (RHG) PROVIDES BUSINESS DEVELOPMENT ADVISORY SERVICES TO A CLEVELAND
    DISTRIBUTION COMPANY

    Richard Henry Group's services have been retained by a Cleveland-based regional distributor.  Companies in the
    house accounts and chains category have recently provided The Company stiff competition.   RHG’s advisory
    services will be segmented into Phase I – The Assessment Process and Phase II – Implementation of business
    development recommendations.  Richard Henry Group is a northeast Ohio business development and turnaround
    advising firm.

    RICHARD HENRY GROUP ANNOUNCES THE LAUNCH OF ITS NEWLY DEVELOPED WEBSITE

    Richard Henry Group, a northeast Ohio business development and turnaround advising firm, announces the launch
    of its new website.  The website has been created to reflect Richard Henry Group’s organizational culture, strategy,
    and uniqueness.  The website may also be used as a resource tool by Richard Henry Group’s referral partners and
    its current and prospective clients.  www.RHGsolutions.com provides visitors with case studies, a news archive,
    and the most recent news about the company.  The website has been developed and maintained by COSMIN
    Consulting.  Richard Henry Group would like to invite interested parties to visit its newly developed website and
    submit their feedback.

    RICHARD HENRY GROUP PRESENTS: BUSINESS DEVELOPMENT AND ORGANIZATIONAL ASSESSMENT
    PROPOSAL TO A LOCAL DISTRIBUTOR

    Richard Henry Group, a northeast Ohio business development and turnaround advising firm, will present a
    Business Development and Organizational Assessment to a local food distributor.  The presentation completes
    Phase I of RHG’S business expansion project.  The professionals of RHG will perform a variety of consulting
    services:  
  • assessing current operations,
  • assessing human resources strengths and weakness,
  • evaluating organizational infrastructure,
  • identifying obstacles of growth,
  • assessing competition,
  • assessing past achievements and failures, and
  • analyzing vendor relationships.

    RICHARD HENRY GROUP RETAINS COSMIN CONSULTING TO ASSIST WITH STEADY GROWTH

    Richard Henry, President and CEO of Richard Henry Group, is announcing retaining the services of COSMIN
    Consulting to assist with the steady growth the firm has experienced during 2007.  COSMIN Consulting will be
    adding six consultants and their individual expertise to RHG’s team of professionals and support the firm’s
    efforts in a variety of areas:  

  • public relations campaign development,
  • online corporate image development and sustainability,
  • writing and editorial services,
  • development and maintenance of RHG’s website and media center.

    Richard Henry Group is a northeast Ohio business development and turnaround advising firm.

    Richard Henry Group, a northeast Ohio business development and turnaround advising firm, announces a new
    client for October 2007.  Richard Henry Group business development and turnaround services have been retained
    by a local multi channel retail firm.  RHG will provide various consulting services, including:

  • business development,
  • financial plan development,
  • financial planning,
  • debt restructuring, and
  • lender due-diligence preparation.

    RICHARD HENRY GROUP RETAINS COSMIN CONSULTING I/O PSYCHOLOGY AND MEDIA SERVICES

    Richard Henry, President and CEO of Richard Henry Group, announces that is has retained COSMIN
    Industrial/Organizational Psychology and Media consulting services for a three-month introductory project.  Both
    companies will use the initiative to evaluate the potential for a long-term partnership

    RICHARD HENRY GROUP (RHG) PROVIDES TURNAROUND AND BUSINESS DEVELOPMENT SERVICES TO AN OHIO
    BASED MULTI-CHANNEL MANUFACTURING AND RETAIL COMPANY

    Richard Henry Group is adding an Ohio-based manufacturing and retail company to its portfolio .  The professionals
    of the Richard Henry Group will be providing advisory services focusing on the following:  

  • improvement and stabilization of communications between The Company and lending institutions,
  • improvement of The Company’s financial performance, and
  • development of a debt-refinance plan.

    Richard Henry Group is a business development and turnaround advisory firm.

    Richard Henry, President and CEO of Richard Henry Group, announces that RHG will provide business-
    development services to GoPro Construction Solutions, LLC.  GoPro Construction Solutions, LLC. is a Cleveland-
    based manufacturer of a patented Universal Stair Bracket.  The business development services will focus on
    enhancing the following business areas:


    Richard Henry Group is a business development and turnaround advisory firm.

    FINANCIAL RESTRUCTURING AND RETAIL OPERATIONS INFRASTRUCTURE SERVICES TO BE PROVIDED BY
    RICHARD HENRY GROUP TO A NORTHEAST OHIO RETAILER

    Fred A. Tough, Executive Vice President of Richard Henry Group, announces that RHG will provide advisory services
    to a regional multi store retailer.  The decline in housing market has caused The Company decline in its retail
    operations’ profits.  Richard Henry Group is a northeast Ohio business development and turnaround advising firm.
    The professional team of Richard Henry Group will initiate a strength, weaknesses, opportunity, and threat-analysis
    (SWOT).  RHG will also address the following organizational aspects:  

    RICHARD HENRY GROUP’S PROFESSIONAL BUSINESS DEVELOPMENT AND TURNAROUND SERVICES BENEFIT
    FURNITURE STORE

    Richard Henry, President and CEO, announces that Richard Henry  Group is providing turnaround and retail
    restructuring services to an Ohio-based furniture and home accessories retail store.  RHG will focus on developing
    a turnaround strategy for the operational and financial performance of The Company.  RHG will also evaluate and
    recommend changes:  

  • staffing,
  • advertising and marketing,
  • internal communications,
  • cash-flow management,
  • vendor terms,
  • alternative lines of products,
  • trade-show attendance,
  • leases,
  • warehousing, and
  • retail promotions.

    RICHARD HENRY GROUP COMPLETES AN 8-MONTH CRISIS MANAGEMENT AND TURNAROUND ENGAGEMENT FOR
    SPERO ELECTRIC CORPORATION

    Richard Henry, President and CEO of Richard Henry Group, announces that RHG has completed an 8-month crisis-
    management project.  The client, Spero Electric Corporation, is a $30-million Northeast Ohio-based manufacturer of
    commercial and industrial lighting fixtures.  Richard Henry Group's professionals immediately developed a 13-week
    cash-flow plan.  Further negotiations with the lender stabilized the relationship, resulting in an extension of the
    forbearance period.  The result of RHG services is best described by Kenneth A. Steele, Chief Financial Officer:

    “We engaged Richard Henry Group for its deep expertise in turnaround management. Our needs were
    immediate and far-ranging, and their team of experts in accounting, finance, management, logistics,
    legal documentation and recruitment delivered right from the start. They provided interim management
    leadership during our re-engineering of personnel, and recruited several key positions in shipping and
    logistics, inventory control, accounting and finance. With an aim toward producing a continuation
    recommendation plan, they provided due diligence and cash-flow management services, compiled
    documentation of contracts, worked with outside legal counsel, obtained capital appraisals and
    valuations, and orchestrated a year-end physical inventory. Richard Henry Group helped us source
    several external capital financing options and replace an existing credit facility under extenuating
    circumstances. They created financial forecasts for potential outside lenders and built presentations
    and packages for potential outside capital lenders. Their entire team offers a truly unique mix of experience,
    professionalism, precision and tactfulness. I would highly recommend them to potential clients."

    Richard Henry Group is a business development and turnaround advisory firm.
January 12, 2008
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December 1, 2007
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September 25, 2007
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October 26, 2006
July 14, 2006
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Business Development and Turnaround Advisors