Expertise

Business Turnaround

Our expert team of responsive and collaborative advisors are trusted by clients to provide advice in the face of significant business decline.

Businesses generally flow in and out of difficult periods due to a range of internal and external factors. In some instances, the decline in profitability and value of a business is ongoing and terminal. For some businesses, it may feel like they have hit a “point of no return” in relation to the ongoing viability of their business.

When a business is in a period of decline, the owners must act quickly to preserve profitability and value in the business.

Our approach to these clients is commercial and no nonsense. We work with the client and existing advisors to develop an approach to extracting the most value out of the business. We provide clients with tailored, actionable advice in relation to turnaround planning and restructuring.

We adjust our approach based on our client’s objectives, which encompass returning the business to profitability/viability and/or exiting the business for maximum return on investment.

If your business is facing a decline in profitability and viability, please contact us to arrange a confidential and complimentary consultation by calling 1300 892 717 (+61 2 7208 7970) or emailing info@groves.com.au.