Business Turnaround Services

If your business is experiencing financial challenges, we can assist you to steer your business on to a sustained path of profitability. It is better to address the problems sooner rather than later and avoid going into business rescue.

Our Senior Business Practitioner has turned around a number of struggling businesses and can use his unique set of skills to help your business. He can assist you in dealing with your funding challenges and in negotiating with your creditors and financiers.

Whiz Biz can help turn your business around

Business Turnaround services refers to the measures and interventions taken to address a business’s historic poor financial performance to turn the business into a financially viable and sustainable going concern.

Whiz Biz offers the following business turnaround services:

1. Complete a deep-dive analysis of the business, reviewing past financial performance, market drivers as well as current operations
2. Diagnose and identify the reasons for the deteriorating financial performance.
3. Make recommendations to address the issues identified.
4. Recommend on the opportunities to be explored to grow the business.
5. Assist in implementing the recommendations.
6. Develop a financial forecast that reflects the renewed business.
7. Assist in negotiations with creditors, funders and financiers.

Our services are affordable and we understand that your business may not have the financial resources available immediately to pay for an external specialist during this challenging period. We are happy to explore various payment and risk sharing options.

Our business turnaround services are unique and not readily available

How Can Your Business Benefit From Using Business Turnaround Services?

Your business can benefit in a number of ways:

1. The Business Turnaround Specialist can quickly diagnose the issues based on experience obtained over many years in assisting businesses with challenges.
2. Provide an objective and unbiased assessment on the plans for the business and whether they will achieve the results envisaged.
3. Make insightful recommendations on managing and growing the business that may not be immediately apparent to the owner or manager of the business.