Take-Over Plan and Report
Trigild’s Property Take-Over Plan is comprehensive, innovative and effective. Based on our proprietary Take-Over Matrix, our plan covers every detail in three primary phases:
- Take control of the assets and operations
- Create an In-depth evaluation and analysis
- Develop/implement action plans
The bottom line? We produce immediate results. Many tasks must be completed within 24 hours -- during the first week we accomplish actions such as:
- Seizing bank accounts -- securing and accounting for all funds
- Opening new accounts and transferring funds
- Transferring licenses
- Inspections/inventory assessment
- Developing effective business procedures
A comprehensive Property Take-Over Report is then compiled and provides all decision-makers with a clear and accurate record and a thorough overview of the asset and its business.
Cost/Benefits Analysis
After assuming control, we perform an exhaustive property, market and financial review of the property and its businesses, enabling us to perform a cost/benefit analysis to determine the impact of:
- Keeping the location open vs. closing it
- Capital improvements
- Timing the property's sale
With expertise in taking over hundreds of troubled assets, we quickly and keenly analyze each and every scenario -- establishing criteria for informed, intelligent decision-making.
Task Force Approach
Each Trigild-operated property is assigned to a Regional Manager who takes a hands-on "task force" approach, utilizing the expertise of a team of professionals. Trigild Managers start by securing control of the assets and operation of the property -- then tackling all immediate problems. Plans are developed, strategies devised and solutions implemented to improve and streamline operations.
The key to our impeccable success rate: the ability to accurately assess the situation, and quickly assign the right personnel, resources and expertise to each unique property.
Regional Operation Offices
With offices strategically situated in San Diego, Atlanta, Phoenix, Portland, New Mexico, Atlanta and Toronto, and 1,400 onsite personnel, Trigild’s staff can quickly put its extensive operational expertise to use -- wherever the location may be. With close proximity to assets and its operations, Trigild skillfully drives its upside potential.
Strong Marketing
With three decades of management experience in markets across the country, Trigild can effectively:
- Evaluate markets
- Identify selling benefits
- Develop hard-selling tactics
- Implement marketing programs that guarantee results
In short, our time tested sales and marketing programs maximize revenues — and we have the stellar track record to prove it.
Tight Cost Controls
Our comprehensive and proven financial program ensures that all income is accurately reported and expenses tightly controlled. Over three decades, Trigild has developed flexible -- and highly-effective -- approaches to identifying problem areas, while quickly and accurately controlling costs.
Our Trigild Team efficiently provides comprehensive reporting, carefully tailored to your specific requirements.
Cutting Edge Technology
With effective information systems and state-of-the-art solutions, Trigild stays on the cutting edge of today’s technology. As an applications service provider for our clients, we provide fast, secure worldwide access via the Internet.
All data is professionally secured and backed up for critical data recovery and redundancy. Most information is captured on a field level, which helps us:
- Provide greater efficiency and single point of entry
- Eliminate human error
- Avoid duplication of work
Information within our technology solutions can be accurately analyzed, enabling us to create carefully customized client reports.
Cost-Effective Renovations
Trigild has a flawless track record – and is known for completing projects on time and on budget.
Our experienced professionals have directed a wide range of renovations -- from simple deferred maintenance items to multi-million dollar refurbishment projects. We manage every aspect of a project to assure that each dollar spent produces maximum return.
Renovations are carefully orchestrated to help the asset retain a competitive edge, and when applicable, meet stringent franchise and AAA standards.
Multiple Franchise Relationships
Over the past 30 years, Trigild has operated hundreds of different franchises. We maintain relationships with key franchise personnel, assuring standards are met and operations profitably turned around.
By assertively collaborating with franchise systems, we maximize each franchise’s benefits -- making use of all marketing programs and working closely with on-site staff.
Since we maintain ongoing relationships with numerous franchise owners, when marketing a property for sale, we can supply clients with a large network of buyers – without delay.
Timely, Accurate Reporting
Every month, Trigild supplies clients with a series of comprehensive financial reports, as well as a narrative report that provides information on activities during the previous month. Our management team is always on hand to review reports and answer questions.
Secure Property Closings
In some cases, the best resolution is to close the business.
After performing a detailed cost/benefit analysis and gaining approval from the lender and court, we remove and liquidate all inventory, fixtures, furniture, and equipment, then properly secure and maintain the property until final disposition.