Operational reorganisation

The operational reorganisation is the alternative for a company that has no balance sheet problems but has got problems with its business or financing model.

The operational resolution is usually about a review of the company where, for example, management issues are reviewed, purchasing procedures are examined or the capital tie-up structure is changed. It is not unusual for the ownership issue also to appear on the table. Even purely technical productivity improvements are included during operational reorganisation but are then carried out by technical consultants. Of course, technical measures can be infinitely varied, but almost always aim to improve productivity.

What issues could an operational reorganisation involve?

In each case, it could be a matter of whether the machinery is to be owned, rented or leased. Does the board of directors have to be strengthened? Do the loans with the creditor need to be renegotiated? The list of problems that may exist in each case can be infinite. Only when raising capital does the law firm participate in purely operational reorganisations. It is then a matter of communicating with investors or creditors.

Company doctors

Operational reorganisation is usually carried out by the so-called “company doctors” or by other specialised consultants. Often the banks and Almi offer help from its consultants. Some specialised auditors are also active in this field and several of the audit firms have their own departments dedicated to this type of service. If there is a need for an operational reorganisation, it may be a good idea to contact your bank or auditor. Our law firm can also be contacted because we have a very large network of contacts and can communicate with fitting consultants in most sectors and in most areas. The law firm staff, on the other hand, may never take on posts in board of directors or shadow board of directors.