Topic

    Restructuring

    Restructuring isn't a defeat. It's what you do before you're cornered into having no choices left. Wait until the bank pulls the plug or suppliers stop delivering, and you restructure from weakness. Do it before that, and you restructure from a position where you can still choose.

    I get involved when the numbers stop adding up, a covenant is under pressure, an investor seems to be backing out, or the business model isn't delivering what it promised. Facts on the table first. Then the real options. Then movement.

    In this guide

    Topics I'll work out here

    1. 01

      Is it restructuring or an operational problem?

    2. 02

      The real options, from cost reduction to refinancing to exit

    3. 03

      Talking to the bank, from strength, not panic

    4. 04

      Aligning shareholders when it gets heavy

    5. 05

      When voluntary bankruptcy is the right call

    6. 06

      Time is your most important asset, not your last

    Full chapters land after launch. Ask on the first call if there's something specific you want to discuss now.

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