SCENARIO

The business that your client has run successfully for years is just not turning a profit anymore and the cash is getting tight. Without a turnaround from somewhere you can see a disaster looming. The directors are great at their business but not great at management and they need help fast.

SOLUTION

What Heard Phillips can provide is an independent review and management expertise to act as the change agent.

Our role will focus on:

• Cash flow budgeting and planning
• The development of a realistic strategic plan
• The development of realistic financial management practices and processes
• Capital adequacy
• Cost reduction
• Gross profit improvement

With attention focused on the cause of deteriorating financial performance, we will identify and assist your client in implementing strategies to stabilise the business, providing a platform to return the business to profitability and cash flow strength.