BUSINESS TURNAROUND SERVICES
Providing you with Business Recovery Services
Leading Business Consultants in Perth, helping businesses reach their full potential and find success.
Lawrence Corporate Solutions are business turnaround specialists. We will help you fine tune your business, detect potential roadblocks and find sustained success.
- Independent business assessment services
- 30 years of extensive experience helping SME’s turn their business around
- Reliable Advisors when business isn’t going quite as expected
- Clear & effective roadmaps & strategies based on your businesses specific data
What is a Business Turnaround Service?
Running a business in today’s economy is hard work. With the slow growth, increased competition, rising costs of operating, and minimal profit margins, it’s not hard to understand why so many businesses are running into financial difficulties.
But it’s important to remember that there’s always a solution, a way out. By learning to identify the warning signs early, you can mitigate those draining business setbacks & losses, and focus your energy and attention on moving forward and building a bigger, better future for your business, today.
Business turnaround services, also known as, business advisory services help you do just that. Our BT services arms you with the tools and knowledge necessary to give your business the best chance of minimising losses and maximising returns, month after month, year after year.
What’s involved in a Business Turnaround Service?
When you work with Lawrence Corporate Solutions, you can feel at ease knowing that our business turnaround and advisory services are catered specifically for you.
We understand that no business is the same. Each one comes with its own set of needs and hurdles. That’s why we meet you where you’re at in the life cycle of your business.
We will work alongside you in your business to:
- Identify and Deconstruct Complex Challenges within your business.
- Analyse Key Drivers inc. Pricing, Productivity, debt financing, invoice policy etc.
- Provide Independent Business Assessment Reports.
- Help you Implement and Execute Key Strategies to improve your business performance & revenue.
Whether your business is just starting out, underperforming, seeking expansion or in the midst of significant transition – we provide expert business turnaround solutions, to proactively & quickly, enable your business to meet their immediate financial and business needs.
Choosing Lawrence Corporate Solutions for your Business Turnaround needs
When you choose to work with LCS, you can be sure that we are committed to building strong foundations that accelerate performance and guarantee improvement.
With our unique blend of expertise, methodology, systems, tools and experience, we can help your business find success today.
what our clients say
Successful Stories From Our Clients
Our team’s unique experience and extensive skill has assisted countless Perth business owners to move past financial strive and work towards a bright and successful future. Here are some of our success stories:
Miranda was struggling to meet her 12-month payment arrangements with the ATO and, as 12-month arrangements are the most that the ATO will grant, Miranda felt that her financial position was a lost cause. After speaking with Lawrence Corporate Solutions, however, Miranda’s confidence was restored. Lawrence Corporate Solutions successfully negotiated a 24-month extended payment arrangement with the ATO, giving Miranda the breathing room that she needed to get back to running her business.
Sharon found herself being chased by the ATO for a mounting tax debt, and as her spouse had recently been unable work, it couldn’t have come at a worse time. With constant calls and letters, Sharon welcomed Empire Corporate Services stepping in and liaising with the ATO on her behalf. In the end, Sharon prevailed with a $79,904.62 remittance before the final balance was paid out.
After an accident that rendered David unable to work, he was forced to use his tax savings to live on. Very worried and not sure where to turn, Empire Corporate Services worked closely on David’s case and secured him an interest remittance of nearly $7,000 to cope with his financial stress.
With a mountain of ATO penalties (including the dreaded General Interest Charges (GIC), Failure to Lodge (FTL) penalties and business stresses mounting, Shane was in a dire financial position. On Shane’s behalf, Empire Corporate Services was able to remit over $34,000 after just one phone call. Shane’s headaches cleared and it was back to furthering his business!
When Sam’s major debtor went into $2m liquidation, Sam’s business hit a pivotal crossroads. Based on the guidance of his previous advisors, Sam felt his only option was to go bankrupt. With the help of Empire Corporate Services, Sam got his business valued and sold, paid back the bank debt owing and additional funding in place for all other unsecured creditors… all within a fast turnaround of just 6 weeks.
Mitchell came in for a general financial review to set his business on the right path to grow. Upon reviewing Mitchell’s financial structure, Empire Corporate Services discovered that Mitchell had ATO debts totaling more than $550,000… and Mitchell was totally unaware of what he owed. After extensive work in tracking back over Mitchell’s previous returns and BAS’s (as well as righting the submission errors that Mitchell had made), Empire Corporate Services successfully helped Mitchell receive remission of interests of his debts, totaling $320,000.
For a long time Kate didn’t realise… but the ATO had placed $10,000 in interest and fees on top of her tax bill after a she had previously filed a claim incorrectly. Understandably, Kate was frightened about what might happen to her. Lawrence Corporate Solutions stepped in on her behalf and successfully negotiated for a substantial reduction in the outstanding ATO balance. Kate went from owing $10,000 to receiving a $2,000 refund.