When might we be called in?


The weakening economy, coupled with unprecedented liquidity constraints and deteriorating consumer confidence has made it more important than ever for businesses to undertake critical self appraisal and quickly implement any remedial steps necessary.


Typical circumstances where we are asked to become involved include:


  • Cash flow constraints or over dependency on shorter term borrowings
  • Banking covenants are breached or are likely to be breached
  • Management Accounts show unexpected reductions in profit
  • Business Plan projections are not being delivered
  • Cost basis too high
  • Lack of confidence in the existing management team
  • To help prioritise new investment
  • Loss of major contracts or key customers
  • To assess and optimise sale/exit value
  • Increased competition/new entrants to market
  • Fundamental loss of previous competitive advantage
  • Lack of a clear strategic focus
  • Project Management

The assistance provided by Renaissance through difficult times has been
invaluable, and David’s experience in particular has been of considerable
benefit.

Girish Chadha
Director
Joy Retail