Business Turnaround Services

Businesses that find themselves in difficult situations require help and support. We help to transition businesses from difficult situations to emerge as profitable industry leaders assisting with negotiations with financiers and creditors and ensuring the smooth day to day operations of the business.

Businesses can find themselves in trouble at no fault of their own. Taking swift action is important not only to protect the business but the liability of directors and stakeholders as well. It is the job of MRA Solutions to ensure that the right approach is adopted and that the best outcomes are achieved for the benefit of secured and unsecured creditors and stakeholders.

MRA Solutions also helps under-performing businesses achieve their true potential by assisting to unlock hidden cash reserves where possible and provide a breathing space for management.

Our Services

In its simplest form, a business is concerned with reversing the decline curve – thereby restoring stability to the business and rebuilding its value.

Our turnaround process aims to deliver the right Solution to achieve sustainable growth and our Services include:

  • Investigation of a businesses viability and working capital requirements
  • Establishment of cash flow models and options available to reverse the trend of underperformance and to repair working capital
  • Review of business cost structures and budgets. Establishment of restructuring strategies and forecasts to ful fill target operating profits and target cost structure
  • Monitoring and assisting with agreed restructuring strategies
  • Assisting with negotiations with financiers and creditors as required
  • Monitoring of business true performance and operations on a daily or weekly basis with simple and practical reporting systems
  • Ensuring accurate accounting for the business including preparation of monthly management and financial reports with comparisons against budgets and forecasts
  • Systems analysis, review and upgrade of organization structure, documentation of job descriptions, review of processes and procedures and development of Procedures and Operations Manual. Also preparation of business plans
  • Outsourced bookkeeping and administration Services

Contact us to find out how we can help manage your Business Turnaround Services needs.