Business turnaround specialist offers strategies for crisis

Paul Fioravanti, managing partner of Naples-based Qadent Management Services and a business turnaround specialist, says one of the common themes he’s finding among smaller business owners in the COVID-19 crisis is a lack of creativity. One example: they may not be aware of the opportunity to negotiate with lenders and other constituents. “I think creativity is a good thing when it comes to businesses of all sizes to manage expense realities,” says Fioravanti.