Are you a business owner who has considered bankruptcy to keep your company afloat? If you feel like you are struggling and cannot seem to determine the best course of action, our team at Morgan & Partners Inc. can help you navigate this difficult situation. With 25 years of experience, we can assist you in corporate financial planning and address options for corporate restructuring before turning to bankruptcy as a solution. Corporate restructuring offers several benefits, including:
- Eliminate Liability – By looking at your company from the bottom up, we may be able to determine what liabilities can be addressed at the outset to help keep your company from proceeding with bankruptcy. Our professional team provides expert advice on possible changes and will help you determine the best course of action to eliminate unneeded expenses.
- Increased Capital – When you eliminate liabilities, you may find that your company has increased capital, and it becomes easier to pay those debts that seem to be looming. Corporate restructuring can give you the opportunity to assess your financial situation more closely and potentially increase your capital without pursuing bankruptcy.
- Purge Bad Contracts – If your company is being burdened by existing financial contracts or expensive rent payments, you may be able to break these contracts to free up cashflow going forward.
At Morgan & Partners Inc., we understand that every corporate restructuring plan is different, and we are dedicated to providing your company the attention and care it deserves. We will look at your assets, liabilities, and any other unique factors influencing your financial situation and devise the best plan for you. If you have questions about the corporate restructuring process, please call us today. We are here to assist you!