Financial distress often arises because of a business having inadequate operating cash flow that impedes its ability to meet obligations. The business is likely to experience loss, breach agreements (to suppliers and consequently trading partners), encounter difficulty with shareholders and regulator requirements on compliance.
- October 25, 2022
Business Turnaround – Take…
In the fast-paced business world, characterized by shorter business cycles, low barriers to entry, technological disruptions and shifting consumer demands, business should continuously renew themselves – adapt or die! Read…Read more
- October 17, 2022
NAVIGATING THE LABYRINTH –…
Sometimes companies face difficulties which threaten or cause their continuity and financial status to decline. When a company’s distress is poorly managed, it may become irredeemable grappling with management and…Read more