Statistics have shown that eight out of ten businesses fail within the first 5 years of operations. The common reasons why businesses fail vary, and are well documented. 

The most common reasons include the lack of planning (financial, operational, capacity and structural), insufficient start-up capital and bad management practices (debt collection, over capitalization, hiring the wrong staff and lack of systems and controls).

How does one diagnose a struggling or unhealthy business? Struggling businesses show various and varied symptoms related to bad health. Symptoms may include high staff turnover, inability to service outstanding debts, declining or lack of sales, low or negative profit margins, low staff morale, ineffective production processes, poor staff performance and lack of training, continuously incurring losses, etc.

Turnaround opportunities may exist in healthy businesses that are not faced by financial ruin or whom may not be experiencing cash flow problems. 

Businesses that are in a stagnant or mature market where assets and capacity are underutilized or run by an ineffective management team may also benefit from implementing change through turn around processes.

Most businesses can be saved if the necessary corrective actions are implemented within a clear and defined turnaround strategy. Not diluting the importance of all the correcting problems within functional areas of the business, a turnaround strategy is only as effective as the team implementing it. 

Without a strong, knowledgeable and energized management team an effective business turn around is extremely difficult. Although most business managers and owners possess the principles required for a successful turnaround they often lack the necessary turnaround knowledge and support.

Whether you are struggling to break-even, or want to
grow your business, our specialist focus on business development strategies will help you increase
 profits, gain market share and achieve your
long term business goals.

Our client companies  are primarily SMME's, which
means our consulting approach addresses the
operational concerns of small and
medium sized businesses.

Business turnarounds can be defined as action/s taken to win back business, customers and/or investors while preventing the occurrence of a business's financial failure. 

A turnaround process identifies, solves and corrects a business's operational and financial problems. 

It improves the overall position of a business by decreasing costs, increasing product/service value; nurtures a competent organisation to provide value to customers and deals fairly with employees, creditors, suppliers, investors and customers.