Business Restructuring

Business restructuring refers to the process of reorganizing a company's structure, operations, or financial arrangements to improve efficiency, adapt to market changes, or address financial difficulties. This can involve changing management, altering business models, cutting costs, merging with other companies, or selling off parts of the business. The goal is to enhance the company's performance, competitive edge, or stability. Restructuring can be a strategic decision to foster growth or a necessary step to survive tough economic conditions. Ultimately, it aims to transform the company into a stronger and more viable entity.