G Squared Partners

Transform Your Business with Turnaround Management

Our decades of Turnaround Management experience extend into a wide variety of industries, so you can be sure we know how to help you not just right the ship, but sail into the sunset.

4.9 Stars

Average Client Rating

On independent review site ClearlyRated, G-Squared Partners has a rating of 4.9 Stars with reviews from 50+ clients. 

87

Net Promoter Score

In our 2025 Client Survey, we achieved a NPS of 87: significantly higher than the accounting industry average of 39.

9 out of 10

Would Recommend G-Squared Partners

Nearly 9 out of 10 clients would recommend us to a friend or colleague.

What is Turnaround management?

Turnaround Management is a comprehensive process aimed at reviving struggling or underperforming businesses to restore profitability and ensure long-term success. This strategic approach involves assessing a company's operational, financial, and strategic challenges and implementing a series of corrective actions to overcome these hurdles. The ultimate goal of turnaround management is not just to keep the business afloat but to transform it into a stronger, more competitive, and financially stable entity.

At G-Squared Partners, we specialize in providing expert Turnaround Management services tailored to the unique needs of each business we serve. Our approach begins with a meticulous analysis of your company's current situation, evaluating financial health, competitive positioning, and operational efficiencies. Leveraging our deep industry expertise and a wealth of experience in business restructuring, we craft a strategic plan designed to address your specific challenges. This plan may encompass a range of strategies, from financial restructuring and operational streamlining to strategic repositioning and revenue enhancement.

Audit Preparation Team

Our Turnaround Management Services

We offer a comprehensive suite of solutions that encompass both immediate operational improvements and strategic long-term planning. 

Cost Optimization Strategies

Sharply reducing sales, general, and administrative expenses to streamline operations and significantly improve financial health.

Assessing Profitability

Assessing profitability by product line, service, or SKU, and by customer, enables businesses to pinpoint high-value areas and optimize for maximum financial performance.

Manufacturing Cost Efficiency

Implementing measures to slash manufacturing costs, directly boosting gross margins and operational efficiency.

Supply Chain and Sourcing Optimization

Securing more advantageous sourcing arrangements through strategic negotiations, reducing the cost of goods sold, and enhancing product margins.

Credit and Financing Solutions

Negotiating improved credit agreements to enhance liquidity and financial flexibility, supporting both recovery and growth initiatives.

Operational Efficiency and Productivity

Eliminating manufacturing bottlenecks and enhancing inventory turnover, ensuring a seamless flow from production to customer delivery.

Comprehensive Strategic Planning

Crafting detailed short and long-term strategic plans that align with your company's vision, setting a clear roadmap for sustainable growth.

In-depth Evaluation and Analysis

Conducting thorough evaluations and analyses of potential alternatives, ensuring data-driven decisions guide the turnaround process.

Financial and Operational Restructuring

A holistic approach to restructuring both the financial and operational aspects of your business, aimed at restoring profitability and ensuring long-term viability.

28705262_m-1

Our team of seasoned professionals works hand-in-hand with your company's leadership to implement the turnaround plan effectively. We focus on achieving quick wins to stabilize the business, followed by longer-term strategies to ensure sustainable growth and profitability. Our role often involves renegotiating debts, optimizing asset utilization, enhancing operational processes, and refining market strategies to rebuild your company's competitive edge.

G-Squared Partners provides a lifeline for businesses in distress through our Turnaround Management services. We offer a structured, personalized approach to diagnosing problems, implementing solutions, and driving change, with the ultimate aim of transforming your business into a thriving, competitive, and financially sound enterprise.

 

The Importance of Profit Improvement in Turnaround Management

Profit improvement is a critical component of successful turnaround management, serving as both a goal and a measure of success for businesses in distress.

At G-Squared Partners, we emphasize the significance of profit improvement as it directly impacts a company's ability to sustain operations, invest in growth opportunities, and build a foundation for long-term success.

In the context of turnaround management, profit improvement involves identifying and implementing strategies that enhance revenue generation while reducing unnecessary expenses. This dual approach not only stabilizes the company's financial health but also positions it for a competitive advantage in the marketplace. 

By focusing on profit improvement, we help businesses transform from merely surviving to thriving, ensuring they are well-equipped to meet future challenges and capitalize on new opportunities. This approach aims to restore profitability and drive sustainable growth, securing a prosperous future for the businesses we serve.

 

woman sitting down at desk with calculator (1)-png

A "Go-To Firm for Outsourced CFO Services"

★★★★★

G-Squared Partners is our go-to firm for part-time CFO services. They provide value beyond the classic CFO responsibilities, including participating in strategy sessions, obtaining financing, identifying KPIs and getting significant transactions completed.

Osage Venture Partners

A "True Partner and Extension to our Team"

★★★★★

G-Squared is more than the outsourced financial services they provide to our organization. They continually work with us to align our strategic vision with the goals of the organization via deep industry expertise; a strong understanding of where markets are trending; and multifaceted experience in diverse industries. On more than one occasion, their forward-leaning guidance, as market conditions evolve, has avoided the pitfalls that have befallen our competitors. Partnership and results-driven outcomes are the cornerstones of our track record together.

David Stefanich, Founder/CEO

The only Firm to meet the Needs of Our Fast-Growing SaaS Company

★★★★★

After having tried multiple other service providers and platforms, G-Squared is the only firm that brings together the right combination of CFO, Accounting, and Bookkeeping services in a way that integrates naturally with my team and meets the needs of a fast-growing SaaS Company.

DataKwip, Inc.

They're a Member of Our Team

★★★★★

G Squared Partners has served as our CFO and accounting team for over 4 years. While the skill set and the professionals involved with our company have always been outstanding, what really stands out to me is their commitment to the company’s success. We don’t look at them as an outsourced service provider but as an integral member of the team. Just like we expect from any of our employees, they consistently do whatever it takes to complete a project on time regardless of the time pressures. When working with outside investors, due diligence exercises as well as general day-to-day managing the business, their efforts are a critical component of our success.

Powerlytics, Inc.

Schedule a Free 30 Minute Strategy Session

What to Expect:

  A high-level financial assessment of your business.
  Guidance on key financial challenges like cash flow, profitability, or scaling.
  Insights on how our Finance Team in a Box Solution can help you reach your goals. 
 

Ready to learn how we can help your business? Schedule your consultation today!

FAQs

Got a question about our Profit Improvement and Turnaround Management services services that you didn't see answered on this page? Below, we've listed some of the most common questions we hear from clients, as well as our answers. If you still don't see what you're looking for, contact us now – we're happy to talk. 

 

What is profit improvement and turnaround management?
Profit improvement focuses on increasing a company’s bottom line through operational efficiencies, cost control, and revenue enhancement. Turnaround management is a strategic approach to help underperforming or distressed businesses stabilize, recover, and return to profitability.
How do I know if my business needs turnaround management services?
If your business is experiencing declining profitability, cash flow problems, high debt, or operational inefficiencies, it may benefit from turnaround management. Early intervention is key: the sooner you act, the more options you have.
What does G-Squared Partners do during a turnaround engagement?

We assess the financial health of your business, identify root causes of underperformance, develop a customized action plan, and work hands-on with your team to implement changes.

Our approach is practical, fast-moving, and focused on measurable results. We’ll focus on quick wins that can help stabilize your business while tackling the larger structural issues that are contributing to your company’s underperformance.

How long does a turnaround typically take?
The duration varies depending on the complexity and severity of the issues. Some clients see early wins in a few weeks, while a full turnaround plan may take 3–12 months or longer depending on the status of your business. We move quickly but sustainably to stabilize your business and improve long-term profitability.
What industries do you specialize in?
While we work across many industries, our team has deep experience in SaaS, manufacturing, professional services, commercial real estate, and consumer products. Our turnaround strategies are tailored to your unique business model.
Can you help even if my business is not in distress but just underperforming?
Absolutely. Many of our clients are still profitable but aren’t hitting their growth targets, or are facing headwinds in their core markets. We help identify where money is leaking and where opportunities for margin improvement exist — before things get worse.
What’s the first step in working with G-Squared Partners?
It starts with a discovery call where we learn about your business challenges and goals. From there, we’ll develop a proposal that contains a strategic roadmap tailored to your needs, whether that’s a full-scale turnaround or targeted profit improvement strategies.
Do you work with internal finance teams or replace them?
We collaborate closely with your internal finance team and leadership. Our role is to provide strategic guidance and execution support — not to replace your team, but to empower them. If you don’t have a finance team, or are experiencing a lot of turnover at senior levels, our outsourced CFOs can step into the gap and provide the leadership your team needs to overcome these challenges. 
How do you measure success in a turnaround engagement?

Success is measured by tangible outcomes: improved cash flow, increased profitability, stronger financial controls, and restored stakeholder confidence. We set clear goals and track progress throughout the engagement.

Our approach is pragmatic. It’s not possible to save every underperforming business, but we’ll work diligently to ensure the best possible outcome for all stakeholders, no matter the financial challenges the business is facing. 

Can you help my business raise capital during a turnaround?
Yes. We often help clients prepare for capital raises by improving financial reporting, building forecasts, and presenting a compelling turnaround plan. Investors and lenders want to see a clear path to profitability — we help you tell that story. Our professionals can also help you negotiate new agreements to enhance your liquidity and provide the financial flexibility you need to recover.
Do you only work with distressed companies?
Not at all. We work with all kinds of businesses: from those that are profitable but stagnant, to fast-growing companies, to businesses preparing for an exit. The core principles of profit improvement and turnaround management apply to any company looking to improve performance.
What financial reports or data do I need to get started?
Ideally, you’ll have access to basic financial statements (P&L, balance sheet, cash flow), recent forecasts, and operational metrics. But don’t worry — if your reporting is a mess, we’ll help you clean it up as part of the process.
Will this process disrupt my day-to-day operations?
We aim to minimize disruption. Our goal is to support your team, not overwhelm them. While some changes may be significant, we implement them in a way that preserves business continuity and improves efficiency.