Turnaround Support
 

Even the best companies at times face difficulties. SMBs and SMEs are no exception. But as a business owner or CEO, it is sometimes difficult to find the way forward and get back on track to profitability and growth.

Every situation is different, and shortcomings may come anywhere from a lack of financing or a lack of adequate skills in the management team, to a fast-changing external environment that is difficult to keep up with.
 

As the saying correctly goes, understanding the problem is half the solution, so it is always disappointing to see companies struggling with challenges they haven’t yet fully understood. It can be hard to understand the root cause, and it is much easier to do so in a team.
 

If your company is struggling, and you are not certain that you have yet uncovered the true reason for it, or you have but you feel that a sparring partner would help accelerate the implementation of required changes, drop us a note and we’ll speak with you in full confidentiality.
 

In our experience, there is no one size fits all solution to turning around a financially difficult situation. Every company is different, and understanding its uniqueness is the starting point to success.
 

Once identified, the path will likely include a mix of well tested and innovative solutions, including improving financial management, pivoting, deploying new marketing strategies to grow the customer base and revenue, forging new partnerships, financing through equity or loan, cost cuttings, making difficult team changes, etc.
 

The list can be long, and time isn’t infinite, but as another saying goes: a journey of a thousand miles starts with a single step (Lao Tzu). We’d be most happy to start the journey with you in the right direction.