Planning and Implementation of Turnaround Plans

Scenarios

Decrease in sales and profitability
Deterioration of working capital
Difficulty in reacting to changing market conditions
Need to complement current management skills with experience in crisis and restructuring management
Increased pressure on the company to generate profits and cash
Impending liquidity crisis and/or impatience of financial agents
Lack of independent projections and lack of clarity regarding the business’s future direction and probable performance