Corporate Turnaround and Monitoring
Canadian insolvency legislation is committed to rehabilitating troubled companies. Zwaig provides the time and tools required to make a business thrive again. We assess the company's specific needs, implement the appropriate statutory remedies, formulate an effective restructuring plan, and monitor its implementation.
This is how we at Zwaig do it:
Stabilization
Understand the corporate organization
Utilize the statutory protection available
Assess the quality of management
Stabilize, control, and monitor cash
Maximize cash flow and cash reserves
Establish communication channels
Identify and meet with parties-in-interest
Business Diagnostic
Analyze the industry and competition
Analyze financial statements
Review operations, products, and marketing approaches
Analyze overhead costs
Understand management information systems and internal controls
Determine the value and viability of the business
Business Plan Development
Determine whether the crisis is financial and/or operational
Identify and evaluate strategic options
Evaluate business strengths/weaknesses
Develop Financial projections and related assumptions
Analyze new/refinancing options
Identify the optimal capital structure
Maximize all tax attributes
Implementation
Develop a game plan, communication channels, and timetable
Complete comprehensive business plan
Assist in negotiations with all parties-in-interest
Finalize the business plan
Implement the business plan
Monitor Long-Term Strategy
Establish the long-term strategic direction
Identify potential purchasers if appropriate
Monitor and fine tune
Liaise with suppliers/creditors
20 Adelaide Street East, Suite 801
Toronto, Ontario M5C 2T6 Canada
Phone: (416) 863-0140 Fax: (416) 863-0428