When a company experiences a cashflow crisis it can give rise to uncertainty in relation to the businesses future, but it can also provide opportunities.
When a company initially encounters financial difficulties, all too often the board of directors will look to resolve their cashflow dilemma with a temporary cash injection, sometimes using personal funds, but ultimately failing to fix the underlying structural problems. Our restructuring professionals are dedicated to finding the right solutions to create a platform for future success. This will initially involve an independent business performance and solvency review being completed. Our team will assist the board of directors with the implementation of any required restructuring plan or introduce them to alternative funding options.
Whilst the intention would be to avoid the need for a formal insolvency procedure, sometimes they can be utilised as a useful restructuring tool, as they will provide a company with some protection from hostile creditors whilst a rescue strategy is being implemented. BRI are well placed to advise on such matters.
Financial pressures may not be the only trigger for restructuring a business, advice may be sought when the following are required:
• Stabilisation and operational turnaround
• Demergers and corporate splits
• Streamlining the group structure
• Managed exits
For further advice and assistance regarding any aspect of restructuring your business, please contact BRI. We will discuss, free of charge and with no obligation, any further implications and alternatives with you.