Strategic business restructuring
Regardless of the size of your business, there may come a time when a change is essential. Whether you’re looking to expand or downsize, it’s important to consider when it might be appropriate to restructure your business and what the practical or tax implications could be.
There are a multitude of reasons why a business may find itself facing financial challenges and requiring significant change. These include but are not limited to:
- Large scale changes in management
- Relocating your business
- Expansion to meet increased demand and an improving market share
- In a position where raising funding is essential
- Downsizing in line with the economic climate, market changes or falling demand
- Preparing for an exit
- Changes in ownership