Business Turnaround is the talk of the town currently. Well, if we’re honest, it has been the talk of the town for many years already – and with organisations trying whatever means possible – be it through acquisition, mergers or adopting new leadership strategies, turning a failing, or under-productive business around appears to be as common as the cold. With more industry giants hitting our headlines, business distress is no longer spoken about in hushed tones, but appear, more and more so, in the headlines over our morning cup of coffee. The CFPro Ventures team has been helping organisations for [...]

What is business turnaround Business turnaround usually refers to the financial recovery of an organisation that has been performing poorly for a period of time. There could be a number of reasons why a business needs rescuing - you may be losing serious revenue, or you could be facing insolvency. A turnaround usually comes into effect when a business has tried to self-rescue, but efforts have been unsuccessful.   What are the signs of a distressed business? Often called “Distressed Businesses”, these businesses usually recognise that they are in need of urgent rescuing: They don’t understand, nor do they accurately [...]