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Five strategies to help retailers recover from impact of the crisis.
Tailored Solutions for Your Financial Problems.
We know that many events can cause instability to a business. At these times, we understand that business owners and executives need to know all their options as soon as possible to develop a restructuring and recovery plan that addresses the needs of all stakeholders.
The Licensed Insolvency Trustees (LIT) on BDO’s commercial restructuring team have helped struggling companies across virtually all industries reposition their operations for continued viability and long-term success. Our local professionals work closely with clients to understand the financial and operational aspects of their business. Understanding the nuances of the individual business, our LITs provide initial business reviews, informal and private turnaround plans and formal restructuring proposals when required. In all cases, addressing financial issues early on greatly increases the chances for a return to profitability and reduces the chance of a bankruptcy.
For creditors, our commercial team can conduct business reviews, monitor appointments, serve as an interim receiver or provide full receivership services. With local LITs in more communities across the country, BDO’s commercial restructuring team can also provide these services in a timely and more cost-effective manner.
Partner/Senior Vice President
CIRP, LIT
Four focus areas to help franchisees weather the crisis.
Action items for construction during the coronavirus pandemic, including supply chain, health and safety, and cash flow.
There's an increased need to access capital.
The effects of COVID-19 are substantially impacting public companies.
How will COVID-19 interruptions affect accounting, financial reporting...
The stimulus package announced by the government is promising, but many organizations are already dealing with liquidity and debt challenges in the wake of COVID-19.
Digital transformation is all about reimagining your business...