Business Reorganization

Business reorganization refers to the process of restructuring a company's operations, finances, or structure to improve efficiency, profitability, or competitiveness. This can involve changes such as altering management, merging with another company, closing unprofitable divisions, or adjusting debt obligations. Reorganizations often aim to address challenges, adapt to market changes, or prepare for growth. This strategic process allows a business to align its resources and goals effectively, ensuring sustainability and better performance in the long term.