"Protect,
preserve and grow business value for owners by working with committed
owners through a well structured turnaround process"
We know that business owners sacrifice a lot to grow their business.
We've experienced working hard, investing our money and borrowing more.
It was fun, but over time things changed.
Now it's all stress. You have
been so focused on growing the business that the new people you hired in
the new locations didn't have the same passion or commitment. A new
culture evolved. They didn't see it change.
We've Been There Too
We know how business owners feel when their
business hits trouble and their home and family is at risk. We've been
there too, and felt the stress. Despite good internal financial systems
and supportive banking relationships, we hadn't moved fast enough to
avoid external events creating a crisis within our business. We sought
external help too, but our well intentioned advisors were not turnaround
specialists.
Our ship had been going fast but taking on water well before our
financial crisis hit. The intuitively obvious solution (to borrow more
money and chase more sales) wasn't the answer. However, we learned that
our worst feared outcome could be avoided. We trimmed the ship, and
steered a more conservative course and survived. Then we got the
opportunity to revitalise our crew and rebuild.
Now you have to deal with the immediate crisis or you will lose all the business value created for you and your family.
We've experienced going to our loyal accounting and law firm for
help. They both helped but unfortunately had a narrow view of our
problems. They didn't have the range of skills needed to identify and
fix the underlying problem that caused the crisis. These problems
usually lie deeper within the business structure, its operations or how
it responded to new market conditions.
We believe that a multi-discipline approach is superior because the
breadth and depth of experience. TBP consultants come from a range of
professional backgrounds across many industries. We are a hands-on,
pragmatic, clear thinking, straight talking team who will do what it
takes to protect and enhance the sustainable business value for the
benefit of its owners.
Read More about our Team
We provide practical leadership and navigation to enable a troubled
business to survive its immediate crisis and stabilize short-term
profitability. Then we'll plot out a new strategic course, determine the
tactics to increase business performance that ultimately achieves the
best value exit goal for its owners.
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