Are you interested in Business Restructuring?
Business Restructuring
Business Restructuring provides subsidized restructuring SME development services for distressed companies. The goal is to enhance the SME businesses’ continuity and provide support to avoid their liquidation or bankruptcy. Service components include turnaround, business process improvement and business restructuring
It operates in two phases:
• Developing the Transformation and Execution plans: setting corrective actions along with the framework of implementation and respective success measures.
• Implementation of the Execution Plan: initiated only upon the Client’s discretion and after completing of Phase 1.
It operates in two phases:
• Developing the Transformation and Execution plans: setting corrective actions along with the framework of implementation and respective success measures.
• Implementation of the Execution Plan: initiated only upon the Client’s discretion and after completing of Phase 1.
What does it offer?
- • Diagnostic assessment and transformation plan
• Execution of transformation plan
Benefits:
- • Comprehensive Operational Assessment: Conducting an external evaluation of operations to identify underlying issues and inefficiencies.
• Development of Actionable Plans: Creating realistic and actionable plans with clear targets to address identified issues.
• Implementation of Turnaround Strategies: Executing effective turnaround plans to ensure successful and sustainable operations.
Business Restructuring includes 2 phases
Diagnostic Review and creation of turnaround plan
On ground support to implement the turnaround plan
Frequently asked questions
FAQs
What are the requirements?
• Valid ID
• Valid CR
• Audited Financial Statements for past year
• Additional information equirements form
• Valid CR
• Audited Financial Statements for past year
• Additional information equirements form
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What are the eligibility criteria?
• All sectors are eligible except (Real estate, construction and Trading*)
*For trading businesses, the support will be given only if the revenue of the company is divided into trading activities and services activities, in which the services activities compromise of at least 30% of total revenues.
*For trading businesses, the support will be given only if the revenue of the company is divided into trading activities and services activities, in which the services activities compromise of at least 30% of total revenues.
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