turnaround consulting

Turnaround consulting involves helping struggling companies improve their performance and financial health. Consultants analyze the business to identify core issues—such as inefficiencies, cash flow problems, or strategic missteps—and then develop targeted plans to stabilize operations, reduce costs, boost revenue, and restore profitability. Their goal is to guide the company back to a viable and sustainable path, often during times of financial or organizational crisis. Essentially, turnaround consultants act as advisors to facilitate a company’s recovery and long-term success.