A turnaround is a business reorganization process aimed at companies facing financial, operational or management difficulties. The goal is to identify the causes of the problems, define an action plan and work together with the company to restore its ability to grow sustainably.
Although many people associate a turnaround only with cost reduction, that is only part of the work. Depending on the situation, it may be necessary to reorganize processes, review internal controls, improve financial management, restructure debt, strengthen cash flow or even redefine the business strategy. Each project is developed according to the company’s reality.