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30 November 2006 | Ashton Penney
All organisations experience difficulties when they run out of cash. If it is assumed that with very few exceptions boards of directors do not approve budgets which result in a financial deficit, running out of cash is a consequence of failure to manage expenditure within the budget.
7 November 2006 | Ashton Penney
At gatherings of Company Doctors this year the main subject of conversation has been the timing of the next increase in demand for their services. The consensus is Easter next year but for a number of reasons this may be a forlorn hope. To understand the reasons for this it is necessary to understand how Company Doctors operate and how the turnaround landscape has changed since the last major recession.
25 July 2006 | Menzies
The corporate recovery landscape of today has changed markedly from the landscape of just a few years ago. Almost three years post the implementation of the Enterprise Act plus a healthy(ish) economic climate, the conditions for business survival are, on the whole, quite favourable.