Restructuring is the corporate management term for the actions of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Alternate reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring.
Restructuring a corporate entity is often a necessity when the company has grown to the point that the original structure can no longer efficiently manage the output and general interests of the company. For example, a corporate restructuring may call for spinning off some departments into subsidiaries as a means of creating a more effective management model that would allow the corporation to divert more revenue to the production process. In this scenario, the restructuring is seen as a positive sign of growth of the company and is often welcome by those who wish to see the corporation gain a larger market share.
Our corporate restructuring consultant can help you overcome a wide range of issues including: 1. Finding new sources of funds 2. Selling the business 3. Out-placing employees 4. Disposing of assets at the best price 5. Reigning in your costs 6. Setting up a robust and accurate accounting system 7. Creating a sustainable business plan 8. Coaching the management team through the corporate restructuring 9. Working with investors and financiers to bridge their gaps and improve