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How To Achieve A Business Recovery

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Stuart Hayes
Stuart Hayes

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How to Achieve a BUSINESS RECOVERY successionleadershipchange.com
Four Key Questions... One Commitment 1. Investigate the business: What’s Going On Right Now? 2. What are the Immediate Risks? 3. Seriously assess the business viability: Will it Survive the Recovery Process? 4. What can be done (practically)? 5. Identify the Recovery Plan successionleadershipchange.com
Investigate the Business - What’s Going On? • Review Financial information including: Aged creditors & debtors; Balance Sheet; P&L; forward cash projections • Understand the Business • Canvas views from CEO, CFO, staff, advisors: - What are the constraints? - What are the opportunities? successionleadershipchange.com
Will it Survive the Recovery Process? • What short-term funding needs? - Cash available now - Cash requirements - Cash generation options • How long can the business sustain on its current path? successionleadershipchange.com
What are the Immediate Risks? • Identify risk areas & what can be done to stabilise the company & preserve value: - Where is value leaking? - What are the regulatory or legal risks? • Implement controls accordingly • Assess the CEO & current management: could they achieve a business recovery? successionleadershipchange.com
What can be done (practically)? • Sales & customer specific strategies? • Supplier & debt strategies: what can you offer them for support? • Cost reduction strategies? • Working capital reduction strategies? • Equity strategies? successionleadershipchange.com
The Business Recovery Plan • Based on the previous questions: - Create a Recovery Plan that specifies how, when and where you will deploy resources, what the conditions are of any further debt/equity commitments & any conditional decision (stop/go) break points - Deploy a monitoring program to provide ‘real-time’ feedback on all key risks successionleadershipchange.com
THANK YOU... and Good Luck! Visit us for more assistance successionleadershipchange.com

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How To Achieve A Business Recovery

  • 1. How to Achieve a BUSINESS RECOVERY successionleadershipchange.com
  • 2. Four Key Questions... One Commitment 1. Investigate the business: What’s Going On Right Now? 2. What are the Immediate Risks? 3. Seriously assess the business viability: Will it Survive the Recovery Process? 4. What can be done (practically)? 5. Identify the Recovery Plan successionleadershipchange.com
  • 3. Investigate the Business - What’s Going On? • Review Financial information including: Aged creditors & debtors; Balance Sheet; P&L; forward cash projections • Understand the Business • Canvas views from CEO, CFO, staff, advisors: - What are the constraints? - What are the opportunities? successionleadershipchange.com
  • 4. Will it Survive the Recovery Process? • What short-term funding needs? - Cash available now - Cash requirements - Cash generation options • How long can the business sustain on its current path? successionleadershipchange.com
  • 5. What are the Immediate Risks? • Identify risk areas & what can be done to stabilise the company & preserve value: - Where is value leaking? - What are the regulatory or legal risks? • Implement controls accordingly • Assess the CEO & current management: could they achieve a business recovery? successionleadershipchange.com
  • 6. What can be done (practically)? • Sales & customer specific strategies? • Supplier & debt strategies: what can you offer them for support? • Cost reduction strategies? • Working capital reduction strategies? • Equity strategies? successionleadershipchange.com
  • 7. The Business Recovery Plan • Based on the previous questions: - Create a Recovery Plan that specifies how, when and where you will deploy resources, what the conditions are of any further debt/equity commitments & any conditional decision (stop/go) break points - Deploy a monitoring program to provide ‘real-time’ feedback on all key risks successionleadershipchange.com
  • 8. THANK YOU... and Good Luck! Visit us for more assistance successionleadershipchange.com