Business Turnaround

If your business runs into difficulties, prompt and effective action is vital. Addressing the early warning signs could mean the difference between saving your business and being forced into liquidation.

In today’s economy, many businesses are struggling with low growth, rising costs and the imposition of endless red tape and new rules. Yet there are other factors at play – and many are in the control of business owners.

Analysing your key drivers

Issues related to pricing, productivity, premises, credit terms, invoice policies, debt financing and stock lines can all affect your profitability. Our Business Management team can deliver an independent assessment of the key drivers across your business and provide practical recommendations for changes that will lower costs or increase revenue over the long term.

Helping troubled businesses recover

We offer a number of services to help with business turnaround including:

  • Business reviews
  • Pre-lending advice
  • Investigating accountant’s reports
  • Corporate restructuring
  • Debt restructuring
  • Divestment of business and assets.

Working closely with our tax specialists, we also ensure tax efficient outcomes in any restructure. Our team has substantial experience in this complicated area and has helped many troubled businesses go on to future success.

How Accru can help you

We are always here to help with business turnaround. If you would like to discuss this issue, please contact an Accru business management advisor.

About Us

Accru is an award-winning network of Australian accounting firms

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Accru is an award-winning network of independently-owned accounting firms in Australia. We help businesses grow, thrive and generate wealth for their owners…

ABOUT

Just as plants thrive when they are nurtured, businesses succeed when they are supported by people experienced with the challenges they face. At Accru, we…

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“Accru Harris Orchard has been our business accountants since 2008. They are highly accessible, approachable and responsive to our needs…”

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Our people are naturally experts in their field. With a team of 200 across Australia, you’ll find a myriad of skills to help manage your business and financial challenges.

Accru Business Turnaround Experts
adelaide
His unique selling point could be described as ‘getting’ it quickly. James has a real ability to grasp what clients are looking to achieve.
brisbane
She has been integral to improving the firm’s business management as well as nurturing relationships with clients and associates.
melbourne
Simon’s specialist technical skills include management advice, cash flow management, restructuring (including for family succession), tax planning and business strategies.
perth
Bruce aims to ensure the business fundamentals are in place and operating well while partnering with his clients to build their businesses.
sydney
He specialises in providing tailored advice to clients who are looking to create or protect their wealth.
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