Managing business continuity and finance during COVID-19

It is therefore important that businesses are proactive in assessing their risk and vulnerability from both an operational and a financial standpoint. Persisting in this environment requires business to act decisively to mitigate risks and plan for rapid and slow recovery scenarios and associated impacts on liquidity.

COVID-19 directly affects business continuity as business operations reduce, supply chains dry up, and demand plunges. These risks may quickly lead to liquidity risks, pressure on covenants, re-financing requirements, and increasing third party risk.

Our offerings to address your situation

1. Turnaround planning
2. Working capital
3. Right-size cost structure
4. Interim management / CRO
   
5. Liquidity management
   
6. Third party credit risk

Deloitte Restructuring support

We help companies respond to crises. A turnaround program typically runs in four phases and should first deliver tactical actions, and in parallel formulate a strategy outlining a longer-term perspective.

We provide senior, hands-on support to Executive Management and Shareholders to deliver successful business turnarounds, enhance profitability and liquidity, right-size cost structures, and manage third-party risk.

In case of insolvency, we drive the complex negotiation of consensual restructuring solutions, in conjunction with “Plan B” Contingency Planning for corporates & management, private equity, creditors & investors and other stakeholders.

Our Swiss restructuring team of experts are specialized in the service offerings most relevant in these times.