We provide insights and solutions to all financial aspects of corporate restructuring.
During a financial restructuring we focus on two main aspects: stabilizing cash in the short term and creating conditions to access new finance in the medium term.
In the first place we look at:
- controlling immediate cash needs (managing by cash-flow rather than by profit & loss);
- establishing a serious management accountig system;
- cutting costs, but allowing sales-generating expenses.
We subsequently look at longer term financing, a crucial step towards rebuilding a solvent balance sheet and creditors' trust.