Corporate Recovery
Depending on the stage of the crisis development (strategy crisis, profit crisis, liquidity crisis), short-term, medium-term and long-term leverage for the improvement of the financial situation in the company is required for a successful restructuring outcome.
Short-term tasks:
- Quick fitness check
- Generation of liquidity through strict cash management
- Prevention of overindebtedness
- Negotiations with banks and creditors
- Fiscal restructuring is given priority
- Optimisation of the capital structure / balance sheet restructuring
- Development of project plans, project structures and project controlling
- Analysis of the strengths and weaknesses of the company
- Cost reduction / profit improvement programmes
- Reduction of intermediaries
- Continuation prognoses
Medium-term tasks:
- Reorganisation of structural and process-oriented organisation
- Balance sheet optimisation
- Stabilisation of sales
- Product, assortment, price policies
- Determination of the real net output ratio
- Optimisation of accounting
- Location structure, relocation
- Measures safeguarding liquidity / liquidity management
- Cash flow increase
- Recovery of competitiveness
- Development of the unique selling point of growth potentials
- Development of efficient competitive strategies
- Adjustment of the value added structure and processes
- Reduction of the working capital with significant improvement of the creditworthiness
Long-term tasks:
- Sustainable measures for survivability
- Strategic adjustment of the company
- Market development
- Development of new areas of business
- Adjustment of the business model
- Reconfiguration of the structure and process organisation
Introduction of early warning systems for the reduction of reaction times:
- Integration of the risk management and the early detection in the existing management information systems
- Analysis of new corporate opportunities and risks at an early stage which can influence business objectives
- Increase of the transparency for the capital market (rating, Basel II)
- Continuous liquidity forecast
- Key data balanced scorecard
- Periodical management review meetings




