by Engaged BT | Jul 15, 2021 | Engaged Business Turnaround
Commercial property tenants’ arrears still growing A total of 3,246 businesses have entered #BusinessRescue since the Companies Act provision in 2008. Since COVID, 442 businesses have entered rescue, often renegotiating rent as part of the rescue plan. Unlike...
by Engaged BT | Jul 9, 2021 | Engaged Business Turnaround
Business turnaround vs restructuring: Crucial differences you need to know Investopedia defines business turnaround as the financial recovery of a company that has been performing poorly for an extended time. Turnarounds mark a period of improvement while...
by Engaged BT | Jul 8, 2021 | Engaged Business Turnaround
Hard things about a hard thing: Business turnaround communications Saving a company requires swift action, and sometimes, downsizing is necessary. But with deep downsizing, your business will likely be left in shock, and your remaining employees will need to...
by Engaged BT | Jul 2, 2021 | Engaged Business Turnaround
Delinquency is a sensitive matter. When can a director be declared delinquent, as with SAA’s Dudu Myeni who has been barred for life? There is a unique distinction between having a Director declared delinquent and placing a Director under probation. This...
by Engaged BT | Jun 23, 2021 | Engaged Business Turnaround
Growing a company is hard; Turning around a grown-up company is harder A company is a living entity that goes through stages just like a person. Transforming an established business is often like getting a grown-up person to change. To say it can be hard is an...
by Engaged BT | Jun 22, 2021 | Engaged Business Turnaround
Serving two masters requires conflict management In many respects, the South African Airways business rescue was a landmark case in South Africa as it was the first State-Owned Entity (SOE) that was placed into business rescue. However, what was supposed to be...
by Engaged BT | Jun 17, 2021 | Engaged Business Turnaround
How HP Turns Business Catastrophes to Their Advantage In oceanography, a rogue wave refers to a massive wave that pops up, seemingly out of nowhere, when multiple unlikely natural phenomena collide. In the deep ocean, these waves routinely sink large ships. In...
by Engaged BT | Jun 9, 2021 | Engaged Business Turnaround
South Africa’s business mood at pre-virus levels as economy re-opens A quarterly business confidence index compiled by FirstRand Ltd.’s Rand Merchant Bank unit and Stellenbosch University’s Bureau for Economic Research jumped to 50 in Q2, from 35 the...
by Engaged BT | Jun 2, 2021 | Engaged Business Turnaround
Future-proofing distress is more complicated than it looks Risk management has always played an important part in any business. The ability to predict an event that will have a material impact on a company or an industry trend that will significantly influence...
