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  • BDO Cares

    Restructuring and the corona crisis

Restructuring

Unforeseeable political and economic developments like the current corona pandemic have significant adverse effects on the global economy. Existing challenges are exacerbated.


CORPORATE PLANNING – A PREREQUISITE FOR OBTAINING STATE AID AND THE BASIS FOR SURVIVING THE CRISIS

The demand slump caused by the crisis results in reduced profits or losses. A crisis calls for a rethink of existing structures and sometimes a reorganisation too. Various scenarios should be prepared to safeguard the entity’s ongoing viability. Attitudes need to be revised and made nimbler.

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