The aim of a business contract is to try to provide certainty for both parties.
Whether your business has gone from thriving to barely surviving, or is seeking to improve performance, One80 can support you
Business Restructuring
WHY MIGHT A COMPANY WANT TO RESTRUCTURE?
Restructuring involves changing and adapting the financial, operational, legal, or other structures of a business in order to make it more efficient as well as more profitable. To be effective, the restructuring process may need the input of a corporate turnaround specialist to work closely with the company’s board of directors and financial stakeholders to agree and implement a strategy.
Corporate restructuring includes companies which experience financial difficulty, and may encompass a formal insolvency process such as company administration or a company voluntary arrangement as part of a wider strategy.
Restructuring is not just limited to distressed companies. Businesses often turn to restructuring when a need for change has been highlighted. While this could be for financial reasons, it could also be attributable to macro and micro-economic factors which have the potential to change the way a company does businesses including political issues (such as ‘Brexit’), or global pandemics such as the recent COVID-19 pandemic.
OUR AREAS OF EXPERTISE:
HOW CAN WE HELP?
Embarking on a process of restructuring can ensure that your business is able to overcome its challenges and move on to be in the best shape it can be. One80’s team of business restructuring and insolvency experts offer pragmatic and practical advice, rolling their sleeves up, and acting as a critical friend throughout the process.
We can help you to reduce balance sheet stress, generate cash and reduce costs, increase profitability, refinance and identify capital to support objectives, and reduce long-term liability costs