Management consulting

Hire a turnaround advisor in Greece and Cyprus

For a company under pressure, sequence matters: cash first, then cost and portfolio decisions, then a plan lenders and shareholders can back.

Schedule a call How our vetting works

A turnaround advisor works with companies whose numbers are moving the wrong way, and the work is more method than drama. The earlier it starts, the more options stay open, and the signs are usually there:

Cash runs out sooner than the forecast said
A covenant is about to break, or already has
Losses in one division are eating the profits of the rest
Suppliers want cash upfront and the bank wants a plan

The turnaround advisors on Hellenic Talent are elite professionals from Big 4 restructuring practices, top consultancies and senior industry roles. They know how Greek and Cypriot banks behave when a borrower is under strain, and what a credible plan looks like to a credit committee here.

What does a turnaround advisor actually do?

Install a rolling cash forecast and the discipline to manage to it
Separate what stabilises the business now from what can wait
Lay out cost and portfolio options with honest numbers behind each
Build the turnaround plan lenders, creditors and shareholders can assess on its merits
Prepare management for the bank, drawing on experience of Greek and Cypriot lenders
Keep the leadership running the business while the plan takes shape

How to choose the right turnaround advisor

What to test in the first conversation, whoever you end up hiring.

Runs a weekly cash meeting
Sets up a weekly cash meeting where every payment above a threshold is approved, and can describe one they ran.
Presented to a credit committee
Has taken a turnaround plan to a Greek or Cypriot bank's credit committee and knows which questions came first.
Has closed a loss-maker
Has recommended closing or selling a division to save the rest, and seen the decision through.