Restructuring & Transformation
When waiting is no longer an option
Companies rarely become distressed overnight. Margins decline. Sales forecasts are repeatedly missed. Cash becomes tighter. Costs remain too high. Management spends increasing amounts of time solving immediate problems.
At some point, incremental adjustments are no longer sufficient.
BST works alongside management and shareholders to understand the situation, stabilise the business and define a credible way forward.
A business model that has not evolved for years. An organisation that remains too dependent on its founder. A market or competitive landscape that has changed faster than expected. Difficult decisions that have been postponed. Or simply a founder or management team that, after years of building the company, needs fresh energy and perspective.
We support boards, entrepreneurs, founders and management teams in stepping back, understanding what is really happening and defining what needs to change.
From strategic repositioning and organisational transformation to financial restructuring and hands-on implementation, we help establish priorities, restore momentum and put the business on a stronger path forward.
01
Understand the real situation
The first priority is to establish facts.
- Where is cash going?
- Which activities create value and which destroy it?
- What is happening to the sales pipeline?
- Where is profitability deteriorating?
- Which costs can realistically be reduced?
- Are there organisational or management issues?
- Does the existing business model still work?
We help management establish a clear picture and distinguish immediate priorities from structural problems.
02
Stabilise
When liquidity is under pressure, cash becomes a management priority. We can support management with:
- Short-term liquidity planning
- Cash-flow forecasting
- Working capital actions
- Cost reduction
- Operational priorities
- Supplier and stakeholder discussions
- Financing and refinancing scenarios
The objective is to create the time and financial room required to act.
03
Restructure
Once the immediate situation is stabilised, more fundamental changes may be required. These can involve:
- Organisation
- Management structure
- Product portfolio
- Markets and customers
- Sales organisation
- Cost base
- Operations
- Financing structure
- Strategic positioning
We work alongside management to translate restructuring decisions into concrete actions.
04
Transform
Restructuring should not simply allow a company to survive. It should create the foundations for a viable and competitive business.
We therefore look beyond immediate cost reduction and liquidity measures to determine what the company needs to become in order to perform sustainably again.