Distress rescue – practical actions to rescue companies

Distress rescue. The most important first step is to recognise corporate distress and the need to bring in a rescue team. When things are going wrong it is easy to focus internally and to just try harder. This is exactly the time when an outside viewpoint is most needed to identify the real risks, the implications of continuing without intervention, and to enforce change before it is too late. To avoid bankruptcy or liquidation.

After the euphoria of 2000 followed by the market realism and funding famine of 2001, many new economy companies are suffering a burn rate that can no longer be sustained – and with little prospect of raising more funds. This is a time for confronting reality, while there is still some room to manoeuvre.

Strategy for new economy companies

At a time of consolidation in new markets, when old economy companies need new economy expertise – now is the time to build new profitable multi-channel businesses.

Tough choices are easier with some external high energy support. Just when managers are most extended, and under most stress. Someone to focus activity, re-negotiate debt and build alliances to consolidate overheads and grow revenue. Someone who knows what it is like.

Find out more

If you are concerned about the future and would welcome a second opinion, you could contact the Brefi Group team now. You could learn more about our consultancy.

Or you could leave it.

The choice is yours – but what do you gain by leaving it?

Why not contact us now.