Classic instruments for coping with crises of profitability or liquidity:
- Restructuring-report according to IDW standard (Institute of German Auditors, IDW ES 6 n.F.)
- Liquidity management, working capital optimization (e.g. stocks, customers, suppliers, non-operating assets)
- Cost reduction programs (e.g. capacity reduction, outsourcing, purchase bundling, reducing overhead costs etc.)
- Risk-oriented creation of integrated business planning
- Development and negotiation of refinancing
- Market and competition analyses and scenarios, customer and supplier surveys
- Sale of companies, business units or subsidiaries (M & A)
- Development of optimized exit strategies