Our Crisis Management assistance helps organisations that are experiencing cash/funding problems threatening their short-term survival to rapidly implement procedures to conserve cash and improve overall cash management.

We aim to rapidly stabilise the business to provide time to analyse the business in detail and prepare a restructuring plan for sustainable longer-term solutions.

Our Crisis Management approach includes:

Cash conservation

• evaluation of current cash position
• looking for 'quick wins' to improve cash inflows and minimise cash outflows
• 'hard hitting' cash management techniques.

Short-term cash and trading forecasts

• identifying critical drivers behind forecasts
• determining short-term funding requirements

Working capital management

• gaining a thorough understanding of the company's working capital cycle
• improving debtor collections, processes and expenditure disciplines
• identifying and disposing of any surplus inventory or other assets
• identifying 'quick win' cost reductions.

Stakeholder management

• undertaking negotiation with key stakeholders to create a window of opportunity
• reporting to critical stakeholders
• indentifying and safeguarding key assets
• forming a core restructure management team
• open communication with key stakeholders to develop short term survival initiatives.

Contact one of our Corporate Reorganisation partners for more information