Business Recovery and Corporate Rescue can be achieved in several ways according to the type of trading entity in question, and the current "state of play"ť of the business.
It is imperative to act immediately before matters are past recovery of the business. The need to mitigate all possible risks and liabilities which the incumbent principal or the directors and/or shareholders may or may not have, is also equally important as part of a business recovery strategy.
Do you want free advice on business recovery? We undertake a free rapid review of your business to ascertain which is the most appropriate business recovery and corporate recovery mechanism. We can usually be with you within 48 hours!
Call us on 01453 872666 or email
We will happily chat through your business recovery needs without obligation. If you want help, we can arrange to visit you to discuss how you can move forward with your business recovery needs.
Options for Business Recovery The most typical options for business recovery and corporate rescue are:
Turnaround ~ If the business is unprofitable either because of market, product or other changes, we will work with management and appropriate stakeholders (bankers and/or shareholders) to devise a business recovery strategy to stem company losses and to plan for its recovery.
Refinance ~ If, from our review, it is established that the business requires further finance to enable it to return to profitability, we will work with our corporate finance and cash flow funding partners to ensure that funds are made available to aid business recovery.
Restructure ~ If, during the business recovery review, it is established that certain aspects of the business are profitable and others are not, we will advise and assist the directors on implementing a plan whereby the profitable parts of the business can be protected, while the unprofitable parts can be turned around or disposed of.
Sale of the business or a "Phoenix" ~If we find that the legal entity is insolvent and beyond financial rescue or business recovery - but there is a business worth saving then we can advise on the best appropriate recovery mechanism. This may include a quick “back to back” sale or a "Phoenix" with the support of your bank and/or factoring services company.
Cash flow Funding ~ Cash flow funding is a basic tool for business recovery and this is covered within it's own section in funding.
The hallmarks and success of our approach is to look after you and your business by ensuring that we tailor make our business recovery plans to your requirements.
Call us on 01453 872666 email
to discuss your business recovery needs without obligation. If you want help, we can arrange to visit you to discuss how you can move forward with your business recovery needs.
