As we emerge from Covid-19 into turbulent financial times, insolvencies are on the rise and businesses are under pressure. Will the number of distressed companies increase this year – and what can they do to ride out the storm?
In the lexicon of business, due diligence is a common – and often compulsory – part of mergers and acquisitions. But leveraging independent expertise could add value to your business transactions.
With no sign of COVID-19 abating, and with the pandemic surpassing all traditional benchmarks, businesses need to prepare for a paradigm shift in the “new normal”.
Determining the value of a business is a complicated and dynamic process. But with an independent valuation carried out by financial and legal specialists, you can be sure your business is fairly priced.
It doesn’t have to be the end of the road for businesses dealing with financial difficulties or underperformance. Using independent experts to assess and restructure your business can help return your company to financial health promptly and, crucially, before any formal creditor actions.