Key Signs To Warn You That Your Business Is In Trouble
July 7, 2010 by Phil Jefferson
Filed under Turnaround
Vantage Performance has won two national industry awards for helping troubled businesses turn things around – here Phil Jefferson details key warning signs to watch for
Strategy Implementation – From thinking it to doing it!
June 26, 2010 by Kevin Higgins
Filed under Turnaround
In my last blog I spoke about the two phases a distressed business needs to consider in order to realign their business – phase one is do a strategic review, phase two is implement the turnaround. In this blog I will concentrate on the implementation phase of a turnaround and some problems that I have [...]
Inaction Leads To Insolvency – BNET Interview
June 3, 2010 by Michael Fingland
Filed under Turnaround
There are 14,000 company insolvencies in Australia each year, taking $13 billion out of the economy. Michael Fingland, managing director of company turnaround specialists Vantage Performance, reckons at least $2 billion of this could be realistically be retained if there was a more proactive approach to seeking help for struggling businesses. Unfortunately pride often gets [...]
Why Do Businesses Fail?
April 8, 2010 by Elizabeth Mawby
Filed under Turnaround
Simply put, turnaround management exists because businesses fail. During my time in the insolvency profession, I was astounded by the number of owners/managers of defunct businesses who were convinced that their business failed through either someone else’s fault or just sheer bad luck.
The 3 Stages Of Turnaround Management
March 24, 2010 by Keith Bailey
Filed under Turnaround
Turnaround Management is a fairly new concept but the results it achieves in terms of saving troubled companies means many more businesses will become familiar with the concept. Keith Bailey of turnaround specialists Vantage Performance explains the 3 stages of turnaround management.
Turnaround Management – An Overview
January 2, 2010 by admin
Filed under Turnaround
Goal of Turnaround Management The purpose of turnaround management is to: Determine if the business is still viable or what is required to restore viability Develop and implement a turnaround management plan Rebuild bank support Restore shareholder value What’s Involved in Turnaround Management A review of operations and financial performance (ie. P&L, BS, Cash Flow, [...]
