Advisory solutions to prevent an account becoming stressed include identifying the reasons for stress and timely follow-up, assessment of the need for revival versus recovery and other actions. There are various signals that have to be looked out for such as delay in payment of interest, lack of transparency in financial dealings, rapid employee turnover or a delay in starting a project. Further, when a business is in distress, there could be many reasons behind its woes.
A good turnaround requires a hard look in the mirror, accepting the hard facts and a conviction in the new path that you are about to take. Here we provide advisory solutions related to understanding the reasons for business distress and accordingly how to deal with the distress. This includes immediate services such as filing for bankruptcy, security, reorganization advice and negotiations with funding institutions as well as long term capital management advisory solutions and strategies.