DEVISING AND PUBLISHING a business RESCUE PLAN

“Assuming that you have followed the processes laid out in my previous articles on accepting
and commencing work as a business rescue practitioner (BRP), you will by now −

• Have gathered detailed financial information regarding the distressed business

• Reviewed the systems in place to run and measure the business

• Have systems in place to manage the business processes

• Have satisfied yourself that there is a reasonable prospect of saving the business

• Met with all the affected persons, who have proved any claims they may have

You now need to focus on the critical work of devising a business rescue plan…”

Click on the image below for the full article:


AUTHOR | Dave Rich CA(SA), Registered Business Rescue Practitioner
and Partner and Director, MD Accountants and Auditors Inc
(www.mdacc.co.za)

Accountancy South Africa

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