Turnaround Plan
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Once a review has been undertaken, we will help you prepare a detailed and structured plan setting out the steps to recovery:
- Fundamental changes - acquisitions, disposals and product changes
- Capital equipment investment
- Sales and marketing plan
- Cost reduction
- Working capital improvement - credit management, stock control
- Management changes and training
- Funding requirement and cash flow management
- Financial controls
- Action plan - the who, when and what
- Key performance indicators to measure success
We will help you prepare the turnaround plan to a highly professional standard because it will be crucial to achieving support from key stakeholders such as the bank and principal creditors.
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