Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Changing business needs often lead an organisation to consider restructuring. A successful restructure involves not only the creation of a sound strategy, but the effective implementation of that strategy.
Our restructuring specialists work with both performing and underperforming companies to rapidly transform their business and/or improve their performance. We provide specialist services for businesses, or business units, that have cash flow, debt, or operational problems that are reducing profitability, detracting from growth in shareholder value, and/or causing financial instability. Reorganising a business to improve profitability gives rise to a range of issues that need addressing if the restructure is to succeed.
Timing is critical when a company is in distress or underperforming. We provide proven leadership to quickly assess a companys financial position. We improve cash flow, stabilize and improve operations, communicate with key stakeholders to re-build their support, and assist management with creating and executing an achievable turnaround plan.
When it comes to implementing a new turnaround plan we are able to provide seasoned executives to assume key roles within an organisation to help drive the plan allowing senior management to stay focused on the core business.
WHEN SHOULD YOU ENGAGE US:
- if you are just hanging on and potentially facing insolvency issues
- if you are struggling to refinance or raise additional finance as required to sustain the business
- if you are experiencing a decline in sales
- if you are experiencing a decline in margins
- if you have lost a major client
- cash flow is becoming, or is tight
- creditor pressure is building
- your organisation has low levels of staff morale
- you have ATO or Superannuation arrears
- it is becoming difficult to manage cash across all of the divisions of the business
- agreements with bankers or financiers have been or are likely to be breached
- there are large cash flow fluctuations which are difficult to manage
- customers are taking longer to pay
- you want to reduce debt in your business
OUR SERVICES INCLUDE:
- turnaround strategies (development & implementation)
- development of cash flow and working capital models
- crisis management
- financial restructuring
- debt restructuring
- forecasting and swat analysis
- business strategy
- distressed mergers & acquisitions
- disposal of non-core assets
- creditor advisory
KEY BENEFITS TO YOUR BUSINESS
WE WORK CLOSELY WITH MANAGEMENT TEAMS TO:
- improve cash flow and earnings
- arrange short term financing to ease cash flow issues and/or arrange a refinance of existing debt facilities
- negotiate revised payment terms with major creditors and/or financiers
- diagnose causes of profit decline and other business problems and provide recommendations to address the issues
- rebuild your relationship with key bankers and/or financiers
- prevent the company from becoming insolvent or going into voluntary administration, receivership or liquidation
- formulate a restructure plan if the company has gone into voluntary administration or receivership
- project manage the sale of the business or non-core assets
- provide greater cash flow and earnings forecasting visibility
- devise and implement an overall turnaround management plan