2 - Action Stations

At this stage, one of two things happens, either creditors commence enforcement actions (to get their money back) or directors initiate action by seeking out specialist advice.

The right advisors can structure a turnaround plan to maximise stakeholders interests. For further detailed information please click on the Classic Turnaround Cycle stages on the left or click here for the third graph - Restructuring.

Classic Turnaround Cycle Business in Crisis Action Stations Restructuring Turnaround Finance Turnaround Management Changing the Game Plan Added Value

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