Encompasses taking control of the challenging areas of the business, management of liquidity, short-term financing options, first-step cost reduction.

Advising and engaging stakeholders dependent on the outcome and includes financiers, creditors, employees, customers, industry associations and even government officers as well for various reasons.

Redefining the core business, restructuring operations and the balance sheet, simple M&A and valuations.

Exploring and engaging options of external financial assistance / investors.

Engaging the key staff, improving the levels of communication, and improving the morale of the employees.

Operational improvements that provide low hanging fruit and focus on key issues that require instant attention.

Implementing tighter control and monitoring of cash, equity injection, asset reduction or selling under-utilized assets to generate cash or use as security for short-term funding that will be quite beneficial for the organization.

Setting up an advisory board to assist the stakeholders, directors, or board to maintain its focus on the implementation of the core strategy.