Recovery and reorganization | Informal debt restructuring

 

At Grant Thornton, we believe that when a company is experiencing financial problems, it could be a part of bigger issues. That's why our capabilities extend beyond just recovery. We work with a multidisciplinary team, including members from corporate finance and productivity improvement, to find out what the underlying cause of your financial problems. Working together, we can help you analyze and identify areas of improvement using a detailed three-stage approach:


  1. Situational analysis
  2. Strategic planning
  3. Strategy implementation

Situational analysis

During this stage, all areas of the business are subject to a detailed review and analysis. We offer a fresh perspective and have extensive experience working on critical issues across numerous industries. We work collaboratively with you to assess the following areas:


  • governance and risk management 
  • strategic and budgetary planning
  • management review processes
  • balance sheet management
  • revenue enhancement, expense effectiveness and cost containment
  • cash flow management and liquidity
  • operational improvement (offered through Grant Thornton Productivity Improvement)

Reviewing these key factors helps us to not only identify current issues, but also potential problems your business may face in the future.


Strategic planning

Using the information gathered in the situational analysis stage, we develop strategies to help stabilize and improve upon your current operations. During this stage, we can set up consultations with key stakeholders to ensure their interests are aligned with those of the business. We also work with you to formulate strategies that provide mutual benefit to both the company and its stakeholders. 


Our team possesses unique background and extensive experience that helps ensure solutions are both innovative and workable. We work with you to develop strategies that help your business be more adaptive and responsive to the current and future environments.


Strategy implementation

In this final stage of the reorganization and debt restructuring process, the strategies we collectively developed in the previous stages are put into action. This may involve the following:


  • restructuring of the organization with close attention to change management 
  • changing procedures to manage risk
  • redeploying assets
  • selling non-core assets
  • selling unprofitable operating segments
  • debt restructuring—including sale-leaseback and off-balance sheet financing and the use of alternative debt products
  • using derivatives to carry out hedging and risk minimization strategies
  • improving operational processes

Contact one of our professionals today to see how we can help you and your business.