The journey to business recovery is not likely to be smooth nor easy. Businesses need to be in the best possible shape for the journey.
To take back control of your business and its fate and drive success through a strong recovery, you need to focus on these four critical areas before anything else; Operational Restructuring, Cash Optimisation, Financial Restructuring and Strategic M&A Mechanisms.
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Are you concerned by declining product profitability, high fixed costs, third party spend not delivering value, budget pressures, under-utilised staff, rapidly changing customer needs and competitor landscape?
Taking actions quickly to address these challenges allows you to preserve value and buys you time and breathing room to drive long term fundamental changes.
Businesses need money in good times and in more challenging times. Whether it's to grow, to recycle and return capital or if it’s simply to survive, we can help you make critical decisions and take actions to optimise working capital and generate and conserve cash.
Do you need support in negotiating and implementing financial restructuring solutions with your lenders and other stakeholders?
We can help you reach a consensual solution with all parties around the table and effectively navigate the different approaches and objectives for each party to achieve its goal.
Uncertainties in the region mean companies have an opportunity to critically assess their current business position and rethink their long term business strategy. Our team can help you understand the available strategic options and guide you through applying them in an effective fashion, ranging from considering options for your portfolio through to managing wind downs, reorganisations, disposals, liquidations and other strategic mechanisms.
Over the last 20 years, we have witnessed many uncertainties that disrupted the business landscape, with the most recent being the ongoing COVID-19 pandemic. Given these disruptions, most businesses have some first hand experience of what to expect during an economic crisis and the steps that need to be taken over the coming months to kick start the recovery journey in the wake of COVID-19.
There is no doubt current market conditions are tough for many businesses. Even the strongest businesses are experiencing unprecedented challenges, and many sectors have been forced to change fundamentally. Many organisations face a combination of commercial, operational and financial distresses that include declining product profitability, high fixed costs, budget cuts, under-utilised staff, covenant breaches and cash flow challenges, in addition to rapidly changing customer needs and competitor landscape.
We have reviewed the working capital performance of 389 companies over a 5 year period. Our review has identified significant opportunities to release cash from the cheapest source available, working capital.
Partner, Debt, Capital & Restructuring Advisory, PwC Middle East
Tel: +971 4 304 3228
Anthony Manton
Partner, Business Restructuring Services, PwC Middle East
Tel: +971 04 304 3100
