Turnaround Solutions

Our fitness business turnaround solutions team will devise and execute a plan of corporate renewal, assuming that your company has enough potential to make it worth saving.

More importantly we identify the original reasons for the deteriorating performance and repair them. Our turnaround program involves a thorough management review, cost reviews and possible reductions. Upon the completion of our program, a long term strategic and restructuring plan is developed.

A fitness business turnaround team member can be looked at as your interim Operations Manager or even Chief Operations Officer.  A strategic team member would normally stay for as long as it takes to achieve the turnaround. Typically, an assignment could take from 3 to 24 months but depends on the size of the business and the depth of turnaround required. A team member advise management and ownership on strategies to turn around, restructure, and revitalize a struggling business or even replace existing management by temporarily taking over significant decision-making responsibilities. Turnaround management doesn’t necessarily apply to distressed companies, it can help in any situation where direction, strategy or a general change of the daily working attitude needs to be executed, as such, it is recognized that the turnaround process is related to change management.

Since our team could have no vested interest the way that current management does – they are often able to enter the restructuring or turnaround objectively with little or no bias.  Our team is able to identify the problems and offer unpopular solutions that are not as obvious to individuals directly vested in the company.  Our restructuring and turnaround team members are initially viewed with skepticism for coming into an unfamiliar company and rocking the boat, our team is highly qualified and successful in gaining the trust and respect of nervous employees and management by providing unique solutions, uniting different departments and enforcing compromise.

The results of a strategic turn around plan will be positive cash flow and the longer term strategic plan implemented. The strategic plan will aid the management team to focus on achieving sustained profitability.