BUSINESS TURNAROUND STRATEGIES
BUSINESS TURNAROUND STRATEGIES
“WE CANNOT SOLVE OUR PROBLEMS WITH THE SAME THINKING THAT WE USED TO CREATE THEM”
“WE CANNOT SOLVE OUR PROBLEMS WITH THE SAME THINKING THAT WE USED TO CREATE THEM”
ALBERT EINSTEIN
BUSINESS TURNAROUND SERVICES OFFERED:
FORMULATING, DEVELOPING AND IMPLEMENTING A BUSINESS TURNAROUND PROPOSAL AND PLAN
DETERMINING A BUSINESS MODEL
ASSESSING REVENUE AND MARGIN OPTIMISATION
ACCESSING A FINANCIAL MODEL AND PROJECTIONS
FORMULATING COST REDUCTION AND DOWNSIZING/RIGHTSIZING PLAN
NEGOTIATING WITH LENDERS, CREDITORS AND CLIENTS
DETERMINING REFINANCING AND CAPITAL ACQUISITION
ACCESSING AND DEVELOPING A PERFORMANCE IMPROVEMENT PLAN
ASSESSING OPERATIONAL PROCESSES AND PROCEDURES
FORMULATING, DEVELOPING AND REVISING A MARKETING PLAN AND STRATEGY
REFINING THE BUSINESS MODEL
If you’re like most business owners, you’ve sacrificed a lot for your company: worked long hours, juggled payroll and service providers, and missed family events. Until recently, the business did okay and provided you with a nice income.
Suddenly, things have changed. The past few years have been tumultuous for business and financial markets. The “Great Recession” brought with it considerable contraction and upheaval for many companies. A declining economy has posed its challenges as efforts to shed excess capacity and still deliver have left many business owners unable to meet rising demand.
Before reaching out for professional help, you naturally have questions, such as:
‘What exactly is involved in a turnaround?’
‘What about my reputation in the community?’
‘Is there a proven strategy I can rely on?’
We’re passionate about helping you maximise and solve your financial opportunities and challenges at an affordable cost and in an empathetic manner and dedicated to working with owners to develop a specific turnaround strategy to get you right back on track.
One of the tools we utilise to accomplish this is the Turnaround Roadmap. We base our expertise on decades of experience managing businesses through tough times, chartering them through stormy waters to safer shores.
The Turnaround Roadmap is particularly practical for business owners who have the following characteristics:
⬩ A strong work ethic
⬩ The will to succeed.
⬩ The maturity to recognise that their company needs something other than simply making more money to heal itself and stay healthy.
“TURNAROUND OR GROWTH, IT’S GETTING YOUR PEOPLE FOCUSED ON THE GOAL THAT IS STILL THE JOB OF LEADERSHIP”
“TURNAROUND OR GROWTH, IT’S GETTING YOUR PEOPLE FOCUSED ON THE GOAL THAT IS STILL THE JOB OF LEADERSHIP”
UNKOWN