Helping you get back to growth
When a company is facing financial problems, whether it concerns cash flow shortfall, falling sales or excessive debt, we deliver restructuring solutions designed to build a platform for swift recovery and sustained success.
Recent statistics make poor reading, with less than 8% of companies in Business Rescue successfully recuperating from financial distress. This suggests that the majority of companies entering Business Rescue did not have realistic and deliverable long- term business plans and could not produce the cash flows that were initially projected when Business Rescue was applied for.
In our opinion, a contributor to this is the general assumption that Business Rescue constitutes a predominantly legal process. In reality, the essence of a successful turnaround ultimately depends on the company’s ability to generate cash, thereby enabling it to exit Business Rescue and become a self-sustaining business.