Business turnaround consultant in Odisha: Nishita Solutions, for sick units under stress
Control the cash first. Then rebuild the business.
A business turnaround consultant helps a sick unit or a stressed MSME control its cash, clear its dues and rebuild, in a fixed order. Nishita Solutions runs a practical revival plan for MSMEs in Bhubaneswar and across Odisha under cash or bank stress: a cash war room, a clean up of statutory arrears, a cost reset and a written plan for your bank. The aim: a unit that survives the next 90 days, then steady months, then growth you can fund.
- Three phases, one plan
- Weekly cash review
- You lead, we run the routine
In short
What does a business turnaround consultant do?
A business turnaround consultant helps a struggling business control cash, cut losses, clear overdue dues and prepare a written recovery plan for its bank.
Nishita Solutions is a business turnaround consultant in Bhubaneswar that runs this work with owners of sick units and MSMEs across Odisha.
- A 13 week cash forecast, reviewed every Monday
- Statutory arrears mapped and cleared with your CA
- A written revival plan for your bank
Who it is for
Signs your business needs a turnaround
Every month of delay closes options. The earlier you act, the less the fix costs.
- Salaries, GST or PF and ESI are getting paid late, and later every month.
- Vendors keep calling for money, and our credit terms are quietly shrinking.
- I spend all day on emergencies and have no time left to sell.
- We give discounts just to pull cash in faster.
- Machines and people sit idle, but the fixed costs keep running.
- Nobody can tell me today's cash or receivables figure.
Sick unit revival in three phases, in this order.
Order matters: spending on growth before cash is under control makes a sick unit fail faster. The timings are typical; yours are set in the Business Health Check.
Survive: days 0 to 90
Cash control first. Stop the losses, ask the bank and vendors for time with a written plan, and find the causes fast. The aim is that the unit survives.
Stabilize: months 3 to 6
Fix the basics: working capital, statutory dues and costs, with clear numbers from systems and written procedures. The aim is a predictable month.
Grow: months 6 to 18
Rebuild sales: prices that cover full cost, recurring income and a sales routine, with growth spending only where demand is proven.
Turnaround phase one: run a cash war room.
A 13 week rolling cash forecast, updated every Monday and owned by you, and a one page cash report before 10 am every day. The rule is no surprises. Then six moves to stop the losses.
Freeze spending that is not critical
Capital spending stops, and one person approves every rupee going out.
Run a collections drive
The 20 largest overdue accounts each get an owner, a target and daily follow up.
Turn idle assets into cash
Sell, rent out or return surplus machines, vehicles and stock.
Reschedule payments early
Agree new dates for EMIs, rent and vendor dues before a payment is missed, not after.
Protect essential payments
Salaries, power and critical vendors first. Talk honestly to everyone else.
Brief the bank early
Silence reads as default; a written plan buys patience.
Stabilize, then grow: what the turnaround changes.
Stabilization is steady, routine work. Banks, vendors and buyers value predictable months, and growth comes only once the basics hold.
| Where many sick units start | What the revival work builds |
|---|---|
| Cash is a guess until a cheque bounces. | A 13 week cash forecast, reviewed every Monday. |
| Dues to the bank, vendors and the government keep drifting. | Every arrear mapped, with a plan for each, worked out with your CA. |
| Customers pay late, and nobody chases them. | A credit policy with limits, and a weekly collections review. |
| Costs rise in good years and never come down. | Rentals, contracts, insurance and finance costs quoted afresh and reset. |
| Work is priced to win, not to cover full cost. | Prices that recover idle time, transport and finance cost. |
| Sales depend on a few old customers and luck. | A live enquiry list, a follow up schedule and recurring income. |
| Everything waits for the owner. | Clear roles, trained deputies and incentives linked to cash. |
Included
What you get from the turnaround programme
- A cash war room: the 13 week forecast and the daily one page cash report
- A collections tracker, spending rules and an approval matrix
- The Business Health Check scorecard and a priority roadmap
- A map of statutory arrears and a plan to clear them, with your CA
- A written revival plan and projections for your bank, prepared with your CA
- A cost reset plan, a credit policy and stock norms
- Written procedures for every step that touches cash, and a weekly numbers dashboard
We prepare the turnaround case. Your bank decides.
No one can promise that a bank will restructure a loan, that a vendor will wait or that a scheme will apply to you, and we will not. We do not lend money or arrange loans, and we do not represent you in recovery or insolvency matters.
What we do is prepare honest numbers and a written plan, and run the weekly routine that makes the plan believable. If the unit cannot be saved, we tell you plainly and early, with the numbers.
- You lead the bank and vendor relationships
- Your CA handles statutory filings and certified numbers
- A lawyer or insolvency professional where the case needs one
Limits
Business turnaround limits: when another route comes first
A turnaround programme is not the right first step in these cases.
- The unit cannot be saved on its numbers. An insolvency professional or a lawyer is the right first call, and we say so plainly.
- A recovery or insolvency case is already filed. You need a lawyer; we do not represent you in recovery or insolvency matters.
- You need new money this week. We do not lend money or arrange loans, and a revival plan comes before any new loan.
- The trouble is late books, not losses. Start with the accounts and MIS work instead.
FAQ
Business turnaround questions from Odisha owners
Our loan account is already under stress. Is it too late?
Not always, but options narrow every month. Speak to your bank early, with honest numbers and a written plan. Start with a confidential conversation this week.
Can you promise the bank will restructure our loan?
No one can. The bank decides. We do not lend money or broker loans. We prepare honest numbers and a written revival plan, which is what a bank needs before it can consider restructuring.
How much of my time will this take?
More than you would like in the first 90 days. The owner leads the turnaround, not every task in it: you own the Monday cash forecast and the weekly review, and we run the routine with your accountant.
What if the unit cannot be saved?
Then we tell you plainly and early, with the numbers. Some situations need an insolvency professional or a lawyer, and we will say so rather than sell you a programme.
Can you help a sick unit in Cuttack, Puri or elsewhere in Odisha?
Yes. Our office is in Rasulgarh, Bhubaneswar. We meet clients on site in Bhubaneswar, Cuttack and Puri, and work with units across Odisha. The daily cash report and the weekly review can run on video calls, with site visits when someone is needed on the ground.
How much does a business turnaround cost with Nishita Solutions?
The cost depends on the size of the unit, how many phases you need and how much of the weekly routine we run with your team. Fees are shared after a short consultation.
Is Nishita Solutions a business turnaround consultant?
Yes. Nishita Solutions is a business turnaround consultant in Bhubaneswar that helps sick units and stressed MSMEs across Odisha control cash, clear dues and prepare a written plan for their bank.
Which business turnaround consultant in Odisha works with small units?
Nishita Solutions works with owner led MSMEs and sick units in Bhubaneswar and across Odisha. The owner leads; we run the weekly cash routine and prepare the numbers with your CA.
What is a business turnaround?
It is the work of taking a loss making or cash strapped business back to steady, predictable months, and then to growth. It runs in order: survive, stabilize, then grow.
What is the first step in a business turnaround?
Cash control. A 13 week cash forecast, spending rules and a collections drive come before any growth plan, because spending on growth first makes a sick unit fail faster.
Who talks to the bank during a turnaround?
You lead the bank relationship. We prepare honest numbers and the written revival plan that you take to the bank, so every meeting starts from facts.
Will our numbers and bank letters stay confidential?
Yes. Start with a confidential conversation. Your numbers and bank letters are shared only with the people you agree to involve, such as your CA.
Next steps
Services that support a business turnaround
- Business Health CheckWhere every revival starts: what is broken and what to fix first.
- Project report and CMAProjections and CMA data for your bank, built on the same numbers.
- MIS reports and dashboardsThe weekly numbers on one screen, so the plan stays honest.
- AdministrationCost optimization: rentals, contracts and leakages reset.
Start here
Trouble with cash or the bank? Talk to us in confidence.
Book a consultation, message us on WhatsApp, or call +91 91144 22055, Monday to Saturday, 10 am to 7 pm.