Turnaround Services

What Is Involved in a Turnaround?

Investopedia defines business turnaround as the financial recovery of a company that has been performing poorly for an extended time. Turnarounds mark a period of improvement while bringing stability to a business’s future.

It is hands on and first requires acknowledgement of the company’s problems, consideration of required changes, and the development and implementation of a problem-solving strategy. Turnarounds are pre-insolvency and informal actions taken by the business.

The goal of the business turnaround is to improve the finances of a business and restore – or create – profitability. SME Turnaround is here to help that recovery and avoid the steps that are required if you do nothing.

Our process is based around the strategy and execution of a new business plan, your people and working capital solutions.

Turnaround business plan includes:

Current Business Analysis

Identification of the Weak Points

Creation of A New Management Plan

Implementation of an Action Plan

Business Restructure

Return to Profitability

What we will do for you?

We provide end-to-end services for struggling businesses. During the consultation, we will determine a set of plans and goals and our SME Turnaround team will work on achieving them with you step-by-step.

Creditor and debtor negotiations

A team of specialists will negotiate with creditors on your behalf and agree on the best terms for your business as a part of our debt settlement process.

Cash and Working Capital Management

We will utilize the cash and working capital management tool to employ your current assets effectively. Thus, our advisors will help your company meet short term goals with a sufficient cash flow.

Safe Harbour

In collaboration with law firms, we will ensure that your company meets specific conditions of the safe harbour law. Our advisors will apply this legal provision to eliminate or reduce regulatory or legal liability for your company.

Restructuring and Turnaround Management

Restructuring and turnaround advisors will analyse the past performance, identify all the weak points, analyse the market, competitors, industry, your staff, and a list of relevant factors related to your company

Business Plan and Strategic Planning

The collected data will help us prepare an effective turnaround plan. Our strategists will create long-term, detailed strategies that will return your business to profitability.

Who can we help

We can’t help everyone but we may be able to help you. Where we work best is with an SME that has good products or services and is strangled by poor cash flow or systems that do not support the business. Our deep dive into your business will help to find the troubled spots and to restore cash flow… where we can’t help is if you have left it too late for any of our plans to save the business prior to any of the insolvency triggers being selected by your debtors.