Course Outline
- A step-by-step methodology to work towards the outcome of a business turnaround. This includes CFO Dynamics’ own internal systems and processes.
- Identify where you are in the turnaround process and the appropriate place to start for your given situation.
- Calculate the true breakeven point of your business and influence this number.
- Minimising the reliance on debt and/or investing more capital into your business.
- Business cost reduction without impacting product/ service quality.
- Identification of products/services you should be selling, where you should be selling and who you should be selling to.
- Accelerating cash flow and slowing down business withdrawals, without affecting suppliers, the bank or the tax department.
- Understanding financial trajectory and identifying areas for improvement.
- Accelerating operating cash flow into the positive and identifying where cash can be created.
- How to involve your team in the turnaround journey without instilling fear in them.
- How to develop accountabilities and benchmarks to be achieved throughout the turnaround process for all team members.
- Improving the performance and return on investment for your team.
- Communication strategies for dealing with suppliers, the tax department and employees.
During the course, we’ll show you strategies and give you the tools to get on top of your finances and business operations. We’ll give you the know-how to maintain business as usual to the outside world and maintain calm internally.
Procedures and checklists are presented in a workbook format for how to execute each step of the turnaround. Course material is presented in online training videos so you as the business owner as well as your relevant team members can be across what steps need to be taken to execute the turnaround.
In our course we offer a trusted support network - we aren’t psychologists but we know getting through the turnaround journey is challenging and at times isolating.