Business Turnarounds

In addition to providing Business Rescue services, and in instances where a company is likely to survive without requiring a formal Business Rescue filing, Du Toit Business Rescue also assist Companies with Business Turnarounds that provides commercial advisory services, focusing primarily on stressed and distressed businesses who are in need of a turnaround.

A Business Turnaround (“Turnaround”)
falls outside of the Business Rescue legal framework.

The goal of a Turnaround is to return a business to profitability in the short term and position the company to thrive in the long-term. A Turnaround is most successful when there is a collaborative effort between management and the Turnaround team to develop and implement the Turnaround plan.

Liquidity Concerns

Continuous Financial Losses

Cash-Flow Pressure

Some of the ways in which DTB may assist a business needing a Turnaround

Determining primary reason (s) for stressed or distressed situation.

Development of a Turnaround Plan.

Assessment of the core business operations, its processes, marketing, specific constraints and overhead expenditure and the restructure thereof;

Assisting management with implementing the Turnaround Plan.