turnaround restructuring

If your company is struggling financially, you have three main options available to you: business turnaround, voluntary administration or sale (followed by liquidation or administration).

If your business is struggling to pay its debts, you may be experiencing uncertainty about how to fix the problem. This can lead to stress, anxiety and a worsening of the situation. If this sounds like you, a business health check can help.

Below is an overview of the three options available for directors to prevent business failure. The key to better outcomes is getting in early. Don’t delay implementing improvements or seeking professional help to keep your business afloat.

Our recent café client was having a tough time. They’d been trading for five years, propping up cashflow with personal cash and credit cards, and had planned to close. Now, just three months after contacting us, they’ve had their best month of sales ever and we are all wearing big smiles.

Recapitalisation involves a change to the company’s capital structure and it may involve the exchange of shares for bonds or vice versa. Recapitalisation is often done by companies who are in the midst of bankruptcy proceedings.