Restructuring Plan

A Restructuring Plan is a strategic proposal typically developed by a company facing financial challenges. It outlines how the organization intends to reorganize its operations, finances, or management to improve efficiency, reduce costs, and restore profitability. This may involve cutting expenses, negotiating with creditors, selling assets, or even changing the company’s focus. The goal is to create a sustainable business model that can withstand current challenges and thrive in the future, ultimately benefiting stakeholders like employees, investors, and customers.