Duo to the rescue.
Mark, the author of books for owner-managers, such as Turning A Business Around and Raising Finance For Your Business, is one of only around 40 people in the UK to hold a practising certificate from the Institute for Turnaround, while David is a Director of the Turnaround Management Association UK.
Between them they have over 40 years' experience of business rescue.
Their new 'company doctoring' business, named after the father of modern medicine, has access to a wide range of specialist investors willing to invest up to pounds 30m into distressed situations, as well as a network of experienced executives it can call on to provide specialist help to businesses.
Mark said: "We believe that business owners need to plan their future, before others plan it for them.
"Unfortunately, businesses in difficulty, and their advisors, can sometimes think that insolvency is the only option open to them, when, in fact, with appropriate advice and support, directors may be able to save their businesses."
David said: "It is important that businesses in difficulty obtain advice that is credible, regulated, reputable, and local, and we are here to offer businesses real-world solutions based on real-world experience."
The business will be operating from three offices based in Manchester, Leeds and Newcastle.