We approach each assignment on its own merits which can achieve the best outcome. Our approach focuses on:
Working with finance providers
Working with finance providers as restructuring officers to monitor the correct utilization of funding;
Mentoring entrepreneurs / management
Mentoring entrepreneurs / management in growing their businesses. This is aimed at early detection of weaknesses which may occur in businesses in which funding providers have exposures.
Early detection of financial distress assists
Early detection of financial distress assists us to introduce our collaborative entrepreneurial, business management, financial and legal skills. Ideally this will incorporate a pre-Business Rescue review and assessment.
Implement the Business Rescue Plan
Using Business Rescue as a tool to implement the Business Rescue Plan developed from the Business Rescue review and assessment; and
Acquisition and disposal skills
If there is no possibility of recovery – acquisition and disposal skills
Each mandate will incorporate at least the following service offering:
Investigation of the financial and legal position together with the restructuring thereof;
Assessment of the management and employees together with the restructuring thereof;
Assessment of the core business operations, its processes, marketing, specific constraints and overhead expenditure and the restructure thereof;
Assessment of cash flow and working capital requirements;
Conducting the formal Business Rescue process; and
Together with management prepare a formal Business Rescue plan.
