Who we are
Engaged Business Turnaround is a business turnaround and rescue team headed up by businessmen holding inter alia CA(SA) qualifications. Between them they have extensive entrepreneurial and turnaround experience, having built successful businesses of their own and either managed or played key roles in the rehabilitation of a diversity of distressed entities.
Engaged Business Turnaround was established as a highly effective turnaround operation providing distressed entity stakeholders with assurance that their exposures are managed in their best interests, in order to achieve the most favourable possible outcome for them under the circumstances.
What makes us different?
- Highly effective, outcome-driven individuals
- Businessmen and entrepreneurs with strong track records and inter alia CA(SA) qualifications
- Experience as proprietors & rehabilitators of distressed entities
- Experience with diverse entities and industries
- Extensive network from which to draw on trusted expertise in specific fields
- Understanding the uniqueness of each industry’s challenges
- Hands-on approach
- Ability to optimise resources
- Value proposition centred around optimisation of stakeholder outcomes
Our value proposition is centred on providing financiers with the assurance that their exposures are managed in their best interests. We are unwavering in terms of the credibility of the feedback that we provide to financiers, and in our decision making we are unwavering in terms of protecting the interests of stakeholders.
We understand that financially distressed entities often find themselves in their situation due to mismanagement at director or shareholder level, or due to a poor or uncompetitive product or service. Whereas our hands-on approach normally entails immediate implementation of corrective actions in order to show gains from the outset, we are pragmatic in our interpretations and our decision making, and realise that businesses are sometimes beyond the point of saving. With key focus on the financials, we aim to identify as early as possible whether or not a turnaround exercise is feasible. In the event of non-feasibility, the project takes the form of a salvage exercise with the primary intention of maximising stakeholder outcomes.
When engaging our services, a stakeholder can be assured that the business in question is given the best possible chance of success under the circumstances, and that the quality and credibility of the feedback to our clients allows for the most educated level of decision making.
Our broad collective experience allows us to understand the uniqueness of each industry’s challenges. We rely furthermore on independent industry specialists when required.
Our industry experience includes inter alia:
Transport & Logistics
Debt Collection & Receivables Management
Audit & Forensic Audit
Banking & Investment Banking
Property Development & Finance
Overseas product procurement
We ensure that your business is given the best possible chance of success.
Our service offering includes, but is not limited to the following:
Workout, Restructuring and Turnaround
Independent Business Review (IBR)
Cash flow forecasting & management
Reconstruction of financial information
Strategic Creditor Renegotiation, Compromise and Management
Working Capital management
Engaged Business Turnaround
Albury Road, Hyde Park