Business Turnaround

Pages tagged Business Turnaround ...

Hobby Business → Serious Business

on Second generation family partnership with set ideas, internal conflict, and lack of business focus were all ingredients which had made this lodge park become a cash drain on the family members. Setting up effective systems to monitor occupancy, staff costs, as well as customer feedback, helped the partners consolidate their views and begin to work Read More...

Retail Company Return to Profitability!

on A retail company operating from 4 sites in East Anglia were suffering losses and sought the help of our consultant to try and turn this around. Our consultant conducted a review of the operations, resulting in the sale of a redundant warehouse, and a focused business plan was provided and implemented. We also conducted monthly board meetings Read More...

6 Tips to Turnaround Your Business

on “We have had a few problems over the past few years and need some help” This is quite a common comment that I hear when first meeting a business and whilst most consider their business to be different, this is rarely the case. All businesses have a common aim and that aim is to make a profit. Read More...

Family Business Problems Resolved

on A family run business owns and lets timber construction lodges for holiday lets. There were several challenges in terms of family issues ownership, tax, inheritance and land matters. During the previous 3 or 4 years the company had also developed a high level of debt and was in danger of going out of control. We Read More...

Pub-Restaurant Turnaround

on A pub-restaurant had been performing poorly; with sales dropping and costs too high, WLP were asked to turn the business around. After addressing health and safety, food hygiene and other compliance issues, WLP introduced new seasonal menus featuring fresh, local produce and affordable pricing. We then set robust cost controls, challenging performance targets and began Read More...

Changing Fortunes for Growth in Dried Flowers

on From little seeds. This traditional farm based business was started by growing, drying and selling bunches of dried flowers. The business was handed to the second generation, two sons, and market trends, as well as organisational issues led to the demise of the business into significant losses. The ability to identify, with the family, the Read More...

Credit Crunch: Furniture Manufacturer with cash issues

on A furniture manufacturer had reduced profitability and was constantly up against its overdraft limit. We carried out a review, produced an Action Plan and a Business Plan that: Helped them understand that their choice of supervisors was unwise. Helped them understand the value of good management information and how to obtain it from their systems. Read More...