Management & financial advisers specializing in distressed business situations in the Northeastern U
The Nauset Group was established in 1994 to represent businesses that were having difficulty with their lender. The business evolved into a full service turnaround/workout firm. Nauset has been engaged in a wide variety of large and small companies, generally located in the Northeast. In addition, Nauset has teamed up with some of the most prestigious firms servicing the entire USA.
In the early 70's Nauset began preparing certified business valuations for M & A, bank collateral, divorce, estate. & tax, and a variety of other purposes.
Keywords: turnaround,workouts,loans,consulting,consultant,valuation,cape cod business,financing help,loan default,covenants,troubled business,business plan
Interview Q&A
How long have you been in business?
Twenty years
What is your primary product or service?
Consulting, business valuations and turnarounds
How did you first become interested in your line of business? (if owner) - What is your background? (If owner or store manager)
Bank officer, workout officer previously. Owned a business that got into financial difficulty. I know how it feels to be in trouble!
How do you differentiate yourself from other businesses in your category and area?
Longevity, education, and lots of experience as business owner, lender, and consultant
How many locations do you have and do you have plans to expand?
One
What type of payments do you accept?
Retainer and hourly or project based payments. Hourly rate $275/hr.
Which areas do you service?
Primarily Northeast USA
Who owns your company or runs daily operations?
Frederick Rice
Certified Turnaround Professional (CTP)
Certified Valuation Analyst (CVA)
What are your hours of operation?
NA
What is the best compliment anyone can give you?
Honest, not hard sell, empathetic, smart with great experience.
What is your favorite quote or Bible verse?
I do not quote bible, ever! I have no verse from Bible either.