business rescue strategies

Business rescue strategies are methods used to help a struggling company recover and continue operating. These strategies may include restructuring debt, cutting costs, selling parts of the business, or finding new funding sources. The goal is to stabilize the company's finances, improve its operations, and avoid collapse or bankruptcy. Essentially, it's about giving a failing business a chance to turn things around with careful planning and management, ensuring it can survive and eventually thrive again for the benefit of stakeholders like employees, creditors, and owners.