Turnaround advice
Working with the business and stakeholders to identify the causes of under-performance; planning a strategy to achieve improvement.
We’ll develop a realistic and achievable business turnaround plan covering areas such as:- Strategy
- Reviewing the company’s products and markets to assess their actual contributions to the business
- Aligning costs with revenues and making appropriate cost reductions
- Rationalising operations and facilities to improve efficiency and release cash
- Disposing of under-performing and non-core businesses
- Making strategic acquisitions to strengthen core activities
- Identifying skills and resource gaps in the company’s management team
- Reviewing financing and working capital arrangements so as to improve terms
- Obtaining specialist advice where needed
