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Turnaround specialists used to be called in when companies were on the brink of liquidation. Many investors and executives now realise that the techniques, experience and judgement implicit within successful practices such as RiverView Portfolio, are also appropriate for companies trying to revitalise their earnings and regain investors' confidence.
Restructuring:
Applies to both the profitable and unprofitable companies, and typically focuses on separate and distinct facets of the business. Restructuring is the realignment of some or all of the disciplines within the business, to support the fulfilment of the corporate strategy and business plan.
Revitalisation:
Business revitalisation is the process of identifying why a company's performance has deteriorated and commensurate with the damage sustained to the business, the remedial action required is usually more fundamental and focuses on the broader business philosophies:
Rescue:
Business turnaround is a specific type of restructuring focussing on the dynamics of the business operation and cash flow. Whilst it will involve elements of restructuring and revitalisation, it is an intensive, short-term intervention
Business turnaround is an intervention to identify the operational causes of financial distress in companies, and to stimulate management to eliminate those operational problems through rapid, decisive action.
At RiverView Portfolio, we have the tools and techniques to tackle the key operational issues, the experience and judgement to manage the project, and the contacts to identify potential sources of finance. Without these three supports, the viability of the company collapses.
Cash is King. See the cash management section for unlocking cash tied up in the balance sheet.
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