Welcome to ZOWIN Pty Ltd
Restructure + Turnaround
Strategic Analysis
Turnaround + Business Analysis
Negotiation + Communication Strategy
Trade Out + Long Term Planning
Throughout the business cycle, there are occasions when adjustments may be necessary, requiring a thorough review and potentially a reset of your business.
Restructuring is not a taboo term but is often associated with negative connotations such as avoiding debts or deferring problems. However, a well-executed restructuring serves as a fresh start for a business, not only improving its immediate financial position but also implementing significant changes to address underlying issues.
When undertaking a business restructuring, we evaluate turnaround options, streamline current operations, and implement necessary changes to ensure the core business's continuity. This process can be liberating for business owners, often resulting in a more focused approach on viability and cash flow improvement.
Our restructuring service is comprehensive and includes an assessment of the viability of proposed changes. Based on our experience, approximately half the time, we may advise against proceeding with the proposed changes. We provide guidance on guarantees, lease obligations, funding agreements, and the inherent risks associated with the changes.
We do not offer superficial advice; our engagement entails a thorough analysis of viability and growth projections, accompanied by a detailed summary of our views on the proposed changes. Leveraging our experience with financially successful master franchise businesses and their franchisees, we offer direct and candid advice.
While we acknowledge the excitement of starting a new business and recognize franchising as a potentially effective avenue for success, we also understand its pitfalls. We are committed to working with you to ensure that the franchise you are considering is the right fit for your needs and aspirations.
We exclusively undertake business restructuring endeavors where there is a viable path forward post-restructuring. It's all too common to witness businesses undergoing restructuring only to find themselves in a similar predicament afterward, albeit with diminished financial resources due to the costs incurred during the short-term restructuring process. We operate differently. When we embark on a business restructuring, the initial and crucial step is a strategic analysis. Following our first conversation, this analysis is swiftly followed by a strategic planning meeting, typically held within a few days. This serves as a precursor to any restructuring process.
During the strategic analysis phase, we delve into the individual components of your business, identifying profit-making and loss-making elements, and most importantly, understanding the underlying reasons for your business's current situation. This face-to-face meeting provides an opportunity to grasp the core elements, refocus, and chart a way forward for your business.
We scrutinize your financial standing, business structure, liabilities, and trading conditions, identifying areas that require modification to transition to viability.
Our aim is to explore how your business can undergo transformation, with a keen focus on profitability, growth, and ultimately, ensuring that you have the resources needed to sustain your business post-restructuring, whatever its future may entail.
Once we've established a strategic understanding, the next step is to initiate the turnaround process, actively implementing changes and initiating the strategies devised during the strategic planning meeting.
The turnaround phase can be challenging, often involving staff restructuring, streamlining of customer and client bases, and potentially the discontinuation of certain product lines. For larger enterprises, this may necessitate divesting or shuttering segments of the business to refocus on the core profitable and cash-flow-positive aspects.
The decisions made during this period can be difficult, requiring significant change, and for many businesses at risk, this juncture determines their fate.
In guiding you through the turnaround process, we equip you with the tools for change, offer professional support, and provide guidance on the trajectory of your business, ensuring accountability and emphasizing the factors essential for your business not just to survive but to thrive.
The turnaround journey is arduous and often challenging for business owners to accept, demanding substantial changes, innovation, and a reevaluation of business practices. It involves celebrating small victories while remaining steadfast in the overarching goal of ensuring your business's resilience.
A robust business plan is indispensable for all businesses, yet it often remains neglected. As part of our ongoing advisory services, we offer a simplified business plan and accountability chart to assist businesses seeking a change in direction, fostering accountability throughout the process.
For every business we engage with, the business planning process is a fundamental aspect of our standard engagement. It serves as a cornerstone for understanding both you and your business, elucidating your aspirations and objectives.
Throughout the restructuring process, there will be occasions where communication with your creditors becomes necessary, presenting options to sustain trading. Our team is here to support you through this process and assist in ensuring that viable options for continuing operations are available.
We have extensive experience working with businesses that have needed to streamline their financial obligations and negotiate deals to remain operational. From our experience, we understand that effective communication is paramount. Suppliers are often willing to collaborate if presented with viable solutions rather than burdensome demands. While there may be initial concerns, we are here to guide you through the process.
We will collaborate with you to develop a communication strategy for engaging with your creditors, aiming to bring debts under control and align them with the business's viability, thereby facilitating solutions to trade out of the situation.
In cases where creditors exert pressure or pose challenges to continued operations, we provide support to create the necessary breathing space for developing strategies to manage liabilities effectively. Our goal is to ensure that the business can continue meeting its obligations or identify suitable approaches to address creditor concerns.
Our primary aim is to establish a viable and sustainable long-term business for you, rather than merely offering a quick fix that might lead to recurring issues down the line. Our trade-out solutions are designed to not only address immediate concerns but also to prevent future troubles.
We assist you in planning your business for the long term, implementing necessary changes to ensure viability, and then maintaining accountability and progress. Throughout the viability and restructuring process, we dedicate several months post-restructure to ensuring the ongoing development of your business. You will closely align with the business plan we collaboratively develop, and we will support you in remaining accountable to its objectives.
Recognizing that ongoing support is essential at every stage, we continue to provide assistance, working toward long-term solutions rather than short-term fixes. We are committed to your success, celebrating milestones and ensuring that any issues addressed are prevented from recurring in the future.
ZOWIN Pty Ltd Specialists in problem solving for SMEs and large firms, transitioning businesses to their next stage through tailored restructuring solutions