Turnaround management
The business environment is constantly changing - be it technological innovations, increasing competition or global economical volatility and its influence. Each crisis is an opportunity for a successful business revitalization.
Our approach during a turnaround process:
1.
First of all, it is crucial to reconfirm the company's ability to meet its financial obligations - we apply quick internal measures (Stock management, Emergency Working Capital management) and organise meetings with capital lenders.
2.
To achieve the final goal, individual steps must be predefined. We develop a restructuring plan covering operational and financial measures, for short-, medium- and long-term. The plan must be doable and must reflect real achievements!
3.
We implement the strategy teaming up with the management of the company