Our Strategy, Value Creation & Analytics service can help.
Advisory services driven by the financial health of your business
With rapidly changing market conditions and macroeconomic influences, businesses of all sizes can face unexpected challenges. We assist in navigating urgent and critical situations where the future viability of your company is at stake, including if your company’s financial performance has deteriorated, is experiencing cash flow constraints, or has difficulty servicing loans due to being over-leveraged.
BDO’s Business Restructuring & Turnaround Services (BR&TS) practice helps businesses restructure, both operationally and financially, when facing financial stress. We work collaboratively with you and your management team to gain a deep understanding of your business model and the issues causing financial difficulty. Then we focus on options to improve financial performance and leverage our relationships and experience with most Canadian financial institutions to implement a restructuring plan.
Our BR&TS team works closely with BDO’s larger advisory practice to provide coordinated, practical, and hands-on assistance to businesses and their stakeholders to drive value enhancement and operational improvement options—no matter your business’s financial health.
Triggers signaling when to call a BDO advisor
The most important decision management teams can make in times of financial stress is to seek timely professional advice to maximize the probability of a successful restructuring.
The following triggers can signal when to call a BDO BR&TS advisor to help you assess your options:
- Year-over-year financial losses
- Aging payables, source deduction, GST or HST arrears
- Breach of financial covenant or violation of loan agreement
- Transfer of your account to a lender's special loans group
- Request by a lender to negotiate a forbearance agreement
- Facing a significant lawsuit
- Supply chain issues causing disruption to operations
- Loss of a significant customer or supplier
- Concerns regarding ability to continue operations
- Significant accounting adjustments or other material impacts on margin calculations
How we can help
Our suite of services focused on businesses
Financial assessments
- Determine causes of financial stress
- Financial forecasting and budgeting
- Simple/complex financial modeling
Options analysis
- Review and evaluate capital structures
- Assess potential restructuring options
- Identify incremental sources of capital
- Scenario analysis modeling
Restructuring advisory
- Assist in coordinating with special loans groups
- Work with lenders to amend existing facilities/refinance
- Work with lenders and stakeholders to develop and assist with restructuring plans
- Work with management when a formal insolvency proceeding is necessary
Restructuring proceedings
- Act as Trustee in proposals to creditors under the Bankruptcy and Insolvency Act
- Act as Monitor in CCAA proceedings (proposal to creditors)
- Advise on informal settlement to creditors
Liquidation proceedings
- Act as Bankruptcy Trustee in proceedings under the Bankruptcy and Insolvency Act
Featured insights and offerings for Business Focused Restructuring
Resources to support your business
Recalibrating your business for the new economic reality
Pre-during-and post-pandemic financial outlooks are very different. Many companies that enjoyed high profits and a booming business throughout the pandemic are seeing a drastic shift, and this has implications both for their business models and the private equity firms who have large investments with them.
Learn moreHow companies can better manage their cash flow
Achieving consistent profitability largely depends on how well a business is run. Having an accurate cash flow statement can help with this process.
Learn moreHow businesses can mitigate inflation risks
Inflation is on the rise and your business should be exploring options to mitigate the risks of rising inflation. While there is no easy answer, there are strategic initiatives you should consider to help strengthen and streamline your operations and protect your business.
Learn more4 steps to building supply chain resiliency and protecting your business
Supply chains are more unstable than ever. Our interactive guide includes four steps to building supply chain resiliency and key insights from supply chain leaders.
Learn moreOur Business Focused Restructuring services are in your industry
Helping agribusiness navigate risks and disruptions to create strategic financial plans, growth solutions, and seamless transitions.
Learn moreHelping your business meet high consumer expectations and growing demands for convenience while still reducing costs and boosting profit.
Learn moreSolutions to address key challenges and complex issues—including labour shortages, government regulation, and economic volatility—to help you stay competitive.
Learn moreReliable information and guidance to manage evolving regulations, new business models, and emerging technology trends to stay ahead of the curve.
Learn moreOther services you may be looking for
Mergers and acquisitions bring new opportunities that allow your business to evolve, adapt, and grow. But since every business is different, the M&A value creation strategy—from due diligence to integration considerations—must be unique. BDO offers tailored M&A services that match your specific circumstances and context, for both buy-side and sell-side transactions.
In today's fast-paced and highly competitive business world, inorganic growth is an important tool in any company's success. We can help turn your growth goals into strategic pathways. With access to global networks and extensive expertise across industries, our M&A team supports mid-market businesses with acquisition strategy development and execution, sale preparation, divestitures, vendor due diligence, and more.
Our Capital Advisory team offers a powerful combination of financial acumen, coupled with an understanding of capital markets and solutions. Our highly experienced advisors provide strategic advice related to capital structure, debt, joint ventures, and other alternative capital sources, all to empower businesses to harness growth opportunities and drive success.
Disputes, fraud, and corruption threaten the reputation and assets of businesses globally. BDO's Forensic Disputes & Investigations team prevents, detects, and responds to such risks by applying a combination of forensic accounting techniques with investigative acumen.
Empathetic and experienced Licensed Insolvency Trustees who can help you explore all your debt relief options. We're committed to helping you create your own path to financial recovery.
Our Business Focused Restructuring services support the stage your business is in
Adapt and respond more quickly and effectively to the changing economic, legal, consumer, and market landscape.
Adapt, prepare & respondModernize the way you run and manage your business to be relevant in today’s digital world.
Evolve, automate & transformSecure your most important assets through critical, preventative, and corrective measures.
Secure, protect & investigate