Rescuing a Business
Our main aim is to steer the business back to success.
All businesses – large or small – experience difficulties at various stages throughout their business cycle. Such difficulties can be the result of external or internal pressures, likely triggered by today’s difficult economic climate. Examples of these pressures include debt and cashflow problems.
The first step to rescuing a business is recognising that a problem exists. From that point, it is crucial to gain early advice from an expert.
At Shaw Gibbs, we can help by:
- Talking and listening to management to understand the business and identify areas of concern.
- Formulating a plan that tackles the problem(s) and
- Working together with management and other stakeholders to implement the plan of action.
We understand that situations change so we can remain involved to monitor the effectiveness of the plan and help with modifications if needed. Many options are available to us including; Debt restructuring, Negotiation with all stakeholders, Cash flow stabilisation, Reorganisation and management reviews.
We are also able to act where a formal Insolvency solution in required including Administrations and Company Voluntary Arrangements.