RESTRUCTURING OF COMPANIES
Find out with us about this legal process that could save your company
What is a corporate restructuring?
It is a process of change that a company undergoes in order to improve its operation and competitiveness, and, above all, its solvency.
A restructuring aims to diversify risks, save costs, simplify management and improve human resources.
Therefore, the general objective is to give the company a means to be able to free itself from the weight of operations that are not of vital importance or that come to prevent its survival or growth.
Advantages or benefits of a restructuring
Applying a restructuring in your company is usually accompanied by certain advantages, among which are:
Preservation of the essential assets of the company
Improving competitiveness
Effectiveness in decision making
Optimization of production processes
Reduction of production costs
Improvements in production equipment
Main stages of a
corporate restructuring
Diagnosis
It is the first step to take in this process, and it is divided into two fundamental phases:
- Situation analysis.
- Preparation of restructuring plan.
Treatment
This is the stage where the plan application of restructuring previously elaborated.
There are changes such as the elimination of risks or increased productivity.
Recovery
In this last stage we begin to perceive the achievement of objectives stipulated in the restructuring plan, is a stage of stability and growth.
Do you have more questions about it? Access the next page using this button.