Financial & management restructuring of overseas corporate and joint venture collaborations

Turnaround Strategies

Turnaround strategy is a corporate practice designed and planned to protect (save) a loss-making company and transform it into a profit-making one. The concept or meaning of turnaround strategy covers following points:

• Turnaround strategy means to convert, change or transform a loss-making company into a profit-making company.
• It helps the sick company to stand once again in the market.
• It tries to remove all weaknesses to help a sick company once again become strong, stable and a profit-making institution.
• It aids to reduce the brought forward losses of the loss-making company.
• It helps the sick company to stand once again in the market.
• It is a complete U-turn of a planned strategic economic transition.