All businesses have their ups and downs. Every dip does not call for fundamental change, but a pattern of weak results is the signal to consider the need for a turnaround. When a company spends more and more time fending off vendor demands for payment when managing cash takes more time than managing growth when scheduled loan payments cannot be met when new customers become a rarity – the company is a candidate for a turnaround.

A business turnaround is a reversal of falling (or failing) results, sales, and profits, through fundamental change. Typical turnaround activities include selling assets, closing some product lines and building others, adjusting the workforce, competitive repositioning, new pricing, operations improvement, and refinancing.

Principle Circle is passionate about helping you maximize and solve your financial opportunities and challenges, at an affordable cost and in an empathetic manner. Our business is your business and we are dedicated to working with owners to develop a specific turnaround plan to get you back on the right track