Restructuring and Turnaround
Restructuring and Turnaround management involves the review and analysis of a company to identify risks to its ongoing financial viability. This analysis will also identify the company’s strengths and areas in need of improvement. We then work with the company to develop and implement a comprehensive plan to restructure and stabilise the business to protect not only monetary value but also its reputation.
We are regularly called upon by companies, directors, lenders, shareholders, employees and creditor groups when a company:
is experiencing financial distress and cash flow issues
has operational inefficiencies following changes in structure
has decreased viability as a result of non-favourable operational and economic factors eg: new competing products
management does not have the skill set to implement plans
requires support and assistance with negotiations for a business/ asset acquisition/ diversification
Our main focus is the long-term running of the business and improvement of business performance and depending on the situation our level of involvement can range from simple written recommendations to hands on management.
Should you require assistance with formulating a company restructure or turnaround strategy, contact our office.