A turnaround specialist is a professional who helps struggling businesses improve their performance and regain profitability. They analyze the company's operations, finances, and market position to identify issues and develop effective strategies for recovery. Their expertise often includes restructuring, cost-cutting, and enhancing management practices. These specialists may work with various types of organizations, including small businesses and large corporations. They often collaborate with stakeholders, such as investors and employees, to implement changes that can lead to a successful turnaround. Their goal is to stabilize the company and set it on a path toward sustainable growth.