Restructure and Finance
The reasons behind a business failure or insolvency have common themes the solutions however are specific to your business and your individual needs.
4R Business Recovery consultants will undertake a full system audit to ensure that we understand your business systems, processes and critical control points. We will then make recommendations that will improve the performance of your business, with competitive benchmarking of overheads we will highlight potential cost savings and provide tools to enable the cost savings to be taken with minimum restructuring costs. We will also provide a marketing review to provide strategies for growing customers, sales and profits.
- Escape from expense property costs, renegotiate and lower property leases, secure rent and rate free payment holidays
- Avoid the expense of restructuring management and employment costs by avoiding redundancy costs to enable you to downsize with zero redundancy costs.
- Grow your customer base for minimum marketing investment and increase sales and profits
Even a one off event like a bad debt that pushes a business into insolvency or more normally fundamental system failures requires some form of change management to reduce cost, reposition the business in the market place for growth and profits.
Business financing
Cash flow is the lifeblood of any business. Without it, the business will fail. Unfortunately the credit crunch has resulted in many businesses becoming starved of cash because they are unable to raise the funds they need from traditional sources such as bank loans and overdrafts. In addition, in many situations, agreed lending facilities such as overdrafts are being reduced or even withdrawn completely.
The economic downturn has also lead to commercial property values plummeting. The effect of this has been that unless your business owns a property outright and therefore has significant equity in it, it may be virtually impossible to raise mortgage finance against commercial property.
Despite these issues, there are other avenues that you can investigate that may well be the answer you are looking for in terms of raising cash and improving liquidity in your business.