Guiding business back on track.
Business restructuring is sometimes necessary to keep a company operational. When a downturn in sales, an increase in operating expenses or other factors put financial pressure on an organization, restructuring can help keep the company from failing. The restructuring...
A lot of people think of bankruptcy and insolvency as the same thing. Some think insolvency always leads to bankruptcy. Neither of these things are true. A business is considered insolvent if it can’t pay its bills or other financial obligations on time. Insolvency...
Covering the costs of worker wages and benefits is a major source of financial strain for many midsize businesses. They may have dozens or even hundreds of employees, and those workers can be a source of financial pressure when the company isn't in the black....
When a company cannot balance its budget, drastic action may be necessary. Some organizations face such significant financial challenges that the only options available are either bankruptcy or dissolution of the organization. The company has too many obligations and...
Entrepreneurs who start their own businesses and those who inherit a family company want to see their organizations thrive. When a company starts to struggle, they may work long hours and try to come up with creative solutions to keep the company afloat. Ideally, they...
Restructuring can pull a business back from the edge of insolvency and help optimize the company's operations. Restructuring is often necessary after a period of rapid growth or when there have been shifts in the domestic market. Successful restructuring typically...
Every business owner encounters financial obstacles. If you run a company, you know that economic downturns, unexpected expenses or a shift in customer preferences can throw your cash flow out of whack. While bankruptcy might seem like the only option, there are steps...
Business executives and business owners are responsible for the management of a company. They may also have invested substantially in the organization, making its financial solvency a top consideration. The company needs to generate revenue to pay wages and must...
Businesses often face the challenge of maintaining a positive public image during periods of restructuring. This process can involve significant changes, including layoffs, leadership changes and shifts in company strategy. These can impact how customers, employees...
Businesses sometimes begin struggling financially after years of success. Changes in the market can lead to abrupt and unanticipated financial challenges. Organizations can go from the black to the red in a matter of months when there are issues with customer demand,...
