Business Turnaround

This course will enable you to

• Spot common warning signs that a business is in trouble
• Identify factors which cause businesses failure
• Act quickly during the early stages of crisis management
• Respond appropriately using popular crisis interventions
• Understand the important role of cash to business survival
• Establish the key objectives and questions necessary for building an effective turnaround plan
• Implement an effective strategic business turnaround plan

About the course

Even successful businesses can face periods of decline, financial pressure, or strategic uncertainty. Without the right response, warning signs such as falling cash flow, weak leadership, poor market positioning, or failure to adapt can quickly develop into a full business crisis. For accountants and business advisers, recognising these issues early and responding effectively can make the difference between recovery and failure.

This course explores the causes of business failure and the practical steps involved in turning a struggling business around. You’ll examine common warning signs, crisis intervention techniques, and the importance of stabilising cash flow during periods of uncertainty. The course also covers turnaround planning, including strategic restructuring, cost optimisation, leadership decisions, customer profitability analysis, and the role of innovation and digital transformation in rebuilding long-term performance.

You’ll come away with a clearer understanding of how businesses decline, how turnaround strategies are developed, and what actions are needed to support recovery. This course will give you practical tools to identify risks, manage crises, and contribute to effective business turnaround planning. Equip yourself to help businesses adapt, recover, and build a stronger foundation for future growth.