NORTHBROOK, Ill., Aug. 2, 2024
/PRNewswire/ -- Getzler Henrich has issued a timely and
relevant perspective titled "Does Your College Have a Financial
Contingency Plan?" Authored by Mark
Podgainy, Managing Director at Getzler Henrich &
Associates LLC, a Hilco Global Company, the article addresses the
urgent need for colleges and universities to prepare for financial
challenges due to demographic shifts, rising interest rates, and
increased labor costs.
The article emphasizes the importance of creating financial
contingency plans similar to emergency preparedness drills. These
plans help institutions navigate potential financial crises by
assessing financial health, ensuring sufficient cash flow,
conducting scenario analyses, and fostering transparent
communication with stakeholders.
"In the face of ongoing financial challenges, it is imperative
that educational institutions prepare proactively to ensure their
long-term sustainability," says Podgainy. "Our article provides a
comprehensive guide for colleges to develop effective financial
contingency plans."
For more insights and to schedule an interview with
Mark Podgainy, contact Julia
Lechowicz, Hilco Global at jlechowicz@hilcoglobal.com.
About Getzler Henrich & Associates: Getzler Henrich
& Associates LLC (www.getzlerhenrich.com), a Hilco Global
Company (www.hilcoglobal.com), is one of the nation's oldest and
most respected names in middle-market corporate restructuring and
operations improvement and has successfully worked with thousands
of companies to achieve growth and profitability. Working with a
wide range of companies, including publicly held firms, private
corporations, and family-owned businesses, Getzler Henrich's
expertise spans more than fifty industry sectors, from "new
economy" technology and service firms to "old economy"
manufacturing and distribution businesses.
Getzler Henrich & Associates is part of Northbrook, Illinois based Hilco Global
(www.hilcoglobal.com), the world's leading authority on maximizing
the value of business assets by delivering valuation, monetization,
advisory, and capital solutions to an international marketplace.
Hilco Global operates more than twenty specialized business units
offering services that include asset valuation and appraisal,
retail and industrial inventory acquisition and disposition, real
estate and strategic capital equity investments.
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SOURCE Getzler Henrich & Associates