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Rescue and recovery
When a business experiences financial distress it can often be difficult for the owners and managers to be objective about its prospects for survival. We have considerable experience in providing turnaround services to companies which ensure that value is retained and ultimately enhanced. Our experience and objectivity means we can often identify restructuring or refinancing opportunities that have gone unnoticed.
We will work with you to develop an achievable rescue plan for your business, which may include some or all of the following:
- a review of your products and services to ascertain if your margins can be improved or operating costs reduced
- negotiating with creditors and funders to alleviate to provide much needed time to enable the rescue plan to take effect
- the disposal of under-performing and non-essential business assets
- identifying any skills gaps that may exist in your management team
- obtaining fresh capital for the business to ensure the long-term survival of the business.
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