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Business Restructuring
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| Business restructuring |
Handling the business restructuring of a business house |
| Entry Point |
Entered at a stage when the business house was mired in a no growth situation |
| Delivery |
- Evaluating available technology and suggesting roadmap for growth in core sector of textiles
- Arranging loan funds -both term and working capital
- Strategy formulation for consolidation of group strengths to enable diversification of activities and business initiatives
- Setting framework for growth
- Defining reporting systems
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Outdated business structure, antiquated systems, inadequate funding, lack of focus and accountability amongst top management were some of the woes of this business house. Businesses re-structured into 3 main companies (down from 72),new lines of credit established,new reporting systems and staff to implement them identified. |
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