Jaroscope Turnaround approaches corporate turnaround and rescue in a number of ways depending on the extent of the problems, which problems are recognised by those involved and whether or not there is a cash crisis. However, the process usually involves a combination of one or more of the following; stabilisation; financial restructuring and refinancing; operational turnaround.

Jaroscope Turnaround can assist companies when they are facing financial challenges, acting variously for shareholders, directors, creditors and financial institutions as appropriate. The Jaroscope executive generally works with SMEs that are privately owned.

Corporate turnaround work has been undertaken in both the UK and abroad and in a variety of business sectors including manufacturing, software, electronic design consultancy, engineering service and repair, and venture capital. Example companies include Roneo Vickers, Joyce-Loebl, Ruwalt, Realise, Adaptive Venture Managers, Ferranti Photonics and Ferrograph. In addition the management has a number of years of experience in venture capital and corporate finance, specialising in raising funds for small companies.

Throughout all these activities Jaroscope would work with the company's management facilitating the process and giving them close support during what can be an extremely stressful time outside the normal experience of many management teams.

During the turnaround process Jaroscope would maintain an open dialogue with key stakeholders in order to build consensus, communicate confidence and restore credibility.

In the case of some smaller companies many of the issues mentioned above may apply, but it may also be that the company/stakeholders wish any support to be limited and focussed at board level. In these circumstances Jaroscope is particularly suited to acting as an advisor or mentor to the board, guiding the company through a difficult period.