Business Turnaround Services

Business Turnaround Services works with Australian companies in serious financial trouble, including those close to insolvency or liquidation. It works beside directors and managers to overhaul strategy, operations and finances, setting clear timelines and profit targets. It meets new clients by video call and then in person during the first week.

What Business Turnaround Services offers

• Turnaround planning — a 90-day plan to stabilise the business and keep sales steady.
• Creditor negotiation — arranging payment plans with the ATO, lenders and suppliers on the client's behalf.
• Cash flow management — a detailed 13-week rolling cash flow report.
• Performance monitoring — weekly KPIs and reports across operations, sales, finance and organisation, with regular team meetings.
• Business model redesign — planning and implementing a restructured model driven by financial targets.

Who it works with

Mid-sized firms under pressure from banks, carrying overdue tax and supplier debt, or facing weak performance and leadership problems.

Key facts

• Locations: Sydney, Melbourne, Brisbane, Perth, Gold Coast, Cairns, Canberra, Hobart, Darwin and Adelaide
• Team: more than 40 specialist staff, including management accountants, operations managers and business analysts