Du Toit Business Rescue is led by a multidisciplinary team of experienced professionals. Each individual brings a different focus to our collaborative model. The goal is to focus each facet of our guidance on the people or area of the operation where it is most critically needed. Our team is led by directors who amongst them have over 40 years of professional and business experience.
Our experience indicates that from 2008 to 2013 South African businesses generally had sufficient internal reserves to cushion themselves against weakening business activity. However by 2015 many businesses had depleted their reserves.
We anticipate, given the depletion of internal reserves, that when their economic activity improves the number of businesses that will become financially distressed will increase as they will not have the internal working capital to finance the accelerated activity.
Suppliers and finance providers to companies should therefore already be working with their customers and contributing to their sustained well-being. Liquidation benefits no one and early intervention is a preferred route that benefits suppliers as well as finance providers.