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

OUR CLIENTS

“Accru Hobart has supported our business development, due diligence and governance responsibilities for over six years. Our ongoing relationship is a testament to their professionalism, ability to understand our needs and provide specialised, professional support at a competitive rate.”

ABOUT

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.

NEWS

In medicine, the word profit can garner negative connotations. Often, we see doctors who run practices that make hardly any profit.

SERVICE

Improve your business performance and achieve superior return.

ABOUT

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

Accru Business Turnaround Experts
hobart
One of her core strengths is providing end-to-end tax and accounting support to small-to-medium sized businesses with a high focus on driving profitability and value.
hobart
Fiona is enthusiastic about informing and reassuring clients of their financial position, be it in regard to the value of their businesses, or their tax returns.
hobart
Tim specialises in helping clients plan for the future with a focus on maximising business value.
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