Why Shaw Gidley
At Shaw Gidley we provide timely advice resulting in more options being available to you and your company with the aim of mitigating further losses to key stakeholders.
If you believe your company is in financial trouble and are seeking professional accounting and legal advice, we are here to navigate you out of the red zone as soon as possible. Don’t wait until it’s too late. Our reconstruction and insolvency experts, who are members of ARITA, if contacted at the right time, can outline alternate solutions to liquidation or administration and guide your business into a better financial position.
Reconstruction Turnaround Strategies
Reconstruction turnarounds are applicable to businesses who are heading into a period of financial recovery after experiencing a downward turn in performance. They are positive because they indicate an upward trajectory, but they require some strategies to ensure a long-term positive, stable outcome.
Crisis Stabilisation
Stabilising the crisis requires you to conserve the liquidity of funds in order to make way for opportunities to regain the restructuring of both the finances and the business. Here, we can monitor and work toward stabilisation efforts and make changes accordingly.
Voluntary Administration
This common strategy in reconstruction turnarounds works toward remodeling your company’s finances in your crisis areas. This process ensures we have time to help you reorganise finances and reestablish the business back to its Directors through a Deed of Company Arrangement (DOCA).
Informal Turnaround
This is a comprehensive assessment of your business’s position in the market, including issues pertaining to business owners (you or otherwise), financiers and stakeholders. This approach applies to non-distressed businesses looking to make operational changes with management on mutually agreed upon terms.
Employee retention and reemployment
This is a tough avenue to take, but sometimes a necessary one. We are sensitive to the human element of employee retention and reemployment and work with you to make it as respectful and professional a process as possible throughout.
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