When businesses run into trouble, lenders often need to react swiftly and decisively. Licensed Solutions is available at very short notice to meet with its clients, to assist them in putting an effective strategy in place and to move on-site to secure operational control.
Where we are called in to assist with a turnaround or workout situation, we provide our clients with a 10-point action plan, which includes:
- Implementation of business control systems
- Cash flow forecasting (and options)
- Food and Beverage purchasing strategy
- Staff rationalisation programme
- Revised organisation chart of responsibilities
- Management reporting and accounting templates
- Budget development
- Training and development
- In house selling initiatives
- External sales and marketing planning
With more than thirty years’ experience in the Licensed and Leisure trade sectors, Licensed Solutions has the resources and the skills to help its clients quickly solve a wide range of complex turnaround and workout situations.
