Recovery and Restructuring Plans

Recovery and Restructuring Plans are strategic approaches a company uses to improve its financial health after facing difficulties. A recovery plan focuses on restoring profitability and stability, often by reducing costs, increasing revenue, or reorganizing operations. A restructuring plan involves making more significant changes, such as refinancing debt, selling assets, or changing management, to address ongoing financial problems. Both plans aim to help the company become sustainable and competitive again, ensuring long-term viability. They involve careful planning and execution to balance immediate needs with future growth potential.