Turnaround management : An expert helping hand when you need it most

At McTear Williams & Wood we always consider the business rescue options first. It is tough running a business under financial pressure and this can carry through to your family and eventually affect your health too.

How can McTear Williams & Wood help?

To help ease that pressure and strengthen your management resources we have a network of turnaround interim managers (t-im) who can work alongside you to bring your business back to profitability.

When might turnaround interim management be appropriate?

  • When you are spending most of your time juggling cashflow to pay bills
  • If you are running your business for cash rather than profit
  • When your business is put on stop by suppliers
  • If HMRC payments are overdue

At an initial meeting we will make suggestions to ease cashflow or safely inject working capital and advise you on how to avoid wrongful trading and personal liability. We won't judge but we will be realistic about the future of your business. There is no charge for this.

Beyond that we can recommend a 5-step plan to recognise the warning signs, stabilise the business and plan for the future. To download details of the 5-step plan, please click here.  Steps 1 to 4 are undertaken by our in-house team of professionals. Step 5 is carried out by a turnaround interim manager - a professional introduced by us who will work alongside you to take the strain and fill any gaps in your management team providing the perfect crisis management solution.

Our turnaround interim management (t-im) network can be called upon at a moment's notice to work alongside owners and managers of businesses under financial pressure. They are used to working in distressed situations and bring first-rate management skills allowing the current senior managers to stop 'fire fighting' and re-focus on delivering results.

Out t-ims have diverse skill sets ranging across financial, sales and marketing, production, operations as well as general management and leadership. They have been there, done that and turned businesses around before.

To find out how turnaround interim management might help in your circumstances call us in confidence on 0800 331 7417.

Click on the links below to access further information on some of our t-ims.  Please note that by clicking on the links you are leaving our site and we cannot be held responsible for any third party content.

Stradling Training & Consultancy

Contact: Ron Stradling

Train Europe

Inspired Change
Contact: Robert Whitwood

Inspired Change Business Consultancy