Getting Your Business Back on the Right Track with Avid Partners Business Turnaround Strategies!

 

Is your business experiencing tough times and you don’t know how to turn things around. Perhaps changes in the business environment have resulted in a sudden and drastic downturn in sales? It could be that bad debts are strangling your business to the point where you are finding it hard to pay the bills! It could be that management have taken their eye off the ball recently and the company has seen competitors stealing a march in the industry! There are a range of reasons why a company may find itself in difficulty. The important thing to realise that help is out there and Avid Partners have the experience and expertise to turn the situation around.

 

Avid Partners offers businesses in difficulty a strategic and financial path to recovery in today’s fast changing business environment. Our ethos is based on the belief that a business in financial or structural difficulty can be saved long before becoming insolvent. Early identification of problems can facilitate the development of effective measures to turnaround business performance. Our team has many years of experience of working with Senior Executives and Business Owners in assessing and reviewing the strategic direction of their business.

 

Our Business Turnaround Team can assist your organisation to improve financial and managerial performance and devise a strategic plan and direction. In conjunction with your team, we’ll work to return the business to profitable trading and a healthy cash flow position. This will ensure the survival and further well being of the business. Having devised the business turnaround plan, our team will continue to help you implement necessary changes and assess the effectiveness of these changes.

 

Contact Avid Partners today to see how we can assist your business through our business turnaround services. You can phone us on 01 4286900, email us at advice@avidpartners.ie or alternatively you can fill out the form below.

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Yes Avid Partners have two divisions of the company. We have an accountancy division that handles your day to day financial necessities and we also have an advisory division to assist companies develop their businesses. This can include consultancy, marketing and guidance when required. We can act as a Chairperson for your organisation if required and can also take away some of the day to day pressures that can restrict growth and slow development. Avid Partners can help with both of the critical aspects of a company, keeping costs down as much as possible and growing revenues exponentially. Technology companies need patience in developing their visions and an involved day to day partner is the best way of keeping a good business balance.
It is a common problem for companies who are in a situation where their business is growing in real terms (users, visitors) but sales is not matching the other growth metrics as traditionally sales lags behind growth (Twitter, Linked In, etc). So what do you do? Every business needs access to finance to pay operating costs which gives the company time to develop future revenue streams. Thankfully the situation is getting better with many tech friendly finance options coming on stream such as micro financing, crowd funding and government agencies are also starting to show support interests.
Every company starts out small with very limited resources at the beginning of the project. The key is to make the most from the resources you have and to seek out alliances, support systems and working partners. Start ups face many challenges including access to capital, regulatory requirements, economies of scale. We can help you develop your concept and will assist in every way possible from accountancy and day to day support to advisory services and raising finance. We can assist in a number of ways and have a portfolio of growing small companies that we help on an on-going basis.
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