Corporate Restructuring – Helping to Make Positive Changes

 

Sometimes, even when you do everything right internally, things outside your control can still put your business in difficulty. It is how you react to change both internally and externally that that will determine how you pull yourself and your business out of what can seem a desperate trading environment. We can assist with your business restructuring to address the current challenges and prepare for the challenges ahead. The business world is not a forgiving one. Our approach is based on the belief that a business in financial or structural difficulty can be saved long before becoming insolvent. We can assist in putting a effective corporate restructuring plan in place.

 

Our Corporate Restructuring Team can help your organisation change the way it performs it operations and improve its financial position. In conjunction with your team, we’ll work to return the business to regular business activity and a healthy cash flow. A fresh look at your situation from an experienced team will provide you with all the advice you need to take the next step. We will create a platform from which you can return to profitable trading.

 

Our 5 step approach to corporate restructuring:

1.      Strategic business review

2.      Internal assessment of strengths and weaknesses

3.      External audit and identification of effects

4.      Prepare cashflow management subplan

5.      We devise the business turnaround plan

 

Contact Avid Partners today to see how we can assist your business through corporate restructuring. Arrange a free consultation with us to talk through the specific aspects of your business and we will tailor a package to match your needs. You can phone us on 01 4286900, email us at advice@avidpartners.ie or alternatively you can fill out the form below.

 

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Yes Avid Partners have two divisions of the company. We have an accountancy division that handles your day to day financial necessities and we also have an advisory division to assist companies develop their businesses. This can include consultancy, marketing and guidance when required. We can act as a Chairperson for your organisation if required and can also take away some of the day to day pressures that can restrict growth and slow development. Avid Partners can help with both of the critical aspects of a company, keeping costs down as much as possible and growing revenues exponentially. Technology companies need patience in developing their visions and an involved day to day partner is the best way of keeping a good business balance.
It is a common problem for companies who are in a situation where their business is growing in real terms (users, visitors) but sales is not matching the other growth metrics as traditionally sales lags behind growth (Twitter, Linked In, etc). So what do you do? Every business needs access to finance to pay operating costs which gives the company time to develop future revenue streams. Thankfully the situation is getting better with many tech friendly finance options coming on stream such as micro financing, crowd funding and government agencies are also starting to show support interests.
Every company starts out small with very limited resources at the beginning of the project. The key is to make the most from the resources you have and to seek out alliances, support systems and working partners. Start ups face many challenges including access to capital, regulatory requirements, economies of scale. We can help you develop your concept and will assist in every way possible from accountancy and day to day support to advisory services and raising finance. We can assist in a number of ways and have a portfolio of growing small companies that we help on an on-going basis.
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