distressed businesses

Distressed businesses are companies facing significant financial difficulties, often struggling to meet their obligations, such as paying debts, employees, or suppliers. These challenges can arise from various factors, including poor management, economic downturns, increased competition, or changes in consumer behavior. When a business is distressed, it may consider options like restructuring its debt, seeking new investors, or even filing for bankruptcy to reorganize and manage its liabilities. The goal is to recover and return to a stable financial position if possible, allowing the business to continue operating.