Sometimes we see business with such a smart concept and good product but still in trouble ,why is that ?

Here are the most common reasons .

1. bad management (lack of experience )

2. cash flow

3. inefficient  marketing

4.to fast and uncontrolled grow

5.unprofessional cash management

6. legal issues

7. outstanding cash receivables to high

8.profit margin to small

9. to much overhang cost

10. no, or not  sufficient business plan   

It is sometimes painful , but if you want your business to be back on his feed you have to let us do it .

It is mostly an emotional problem for the owners and the employees if some outsider comes in the company they build and love and tell them what to do but we are only able to help ,if the management accept the necessary changes we suggest.

But if everything is perfect ... we wouldn't be necessary to help.

Remember we are not there to criticize ,our job is to find the solution to your biggest problems .

And this is how we do a professional  turnaround .

1. Meeting with your accountant and business owner  to find out what we can adjust on the finance situation .We analyze the profitability, debt situation , cash management,and order situation to find the weak points .

2. Creating a new business plan with the new  improved changes including cash flow plan and sales forecast after the changes.

3. Presenting the business plan to the Bank /Investor and to the employees and or shareholder .   

4.Implement the changes as soon as possible ( sometimes we have to wait for the funding but some changes can be made immediately )

5. Meeting with Suppliers and find new contract terms to allow the business to run and generate revenue .(the solutions are different in every situation )  

6. If necessary find an interim CEO to guide the progress of recovery .Sometimes the Investor or the largest debtor want someone from us to watch the progress of recovery. 

7. Celebrate the successful relaunch of your business ( we pay for the Champagne )