Part 3: Why There Is No One-Size-Fits-All Business Restructuring Strategy
Two businesses can owe the exact same amount of money and need completely different solutions. One has strong margins, sloppy cash discipline, a temporary working-capital squeeze, and creditors it can manage. The other has declining revenue, thin margins, multiple MCAs, a lawsuit, personal guarantees, and overdue payroll taxes. The debt balances look alike. The businesses […]