How the Business Rescue process works

While the SA government is doing everything it can to assist struggling businesses in the wake of the Coronavirus, the harsh reality is that many SMEs will take a huge knock in the coming months. If you are facing business collapse, read this article from Engaged Business Turnaround and Crest Capital on the practical options relating to the business rescue process and turnaround interventions.

How the Business Rescue process works

Are you or your clients facing business collapse? The South African Institute of Chartered Accountants (SAICA) explore practical options relating to the business rescue process and turnaround interventions.

While the South African government is doing everything it can to assist struggling businesses in the wake of the Coronavirus, the harsh reality is that many SMEs will take a huge knock in the coming months. This will come either directly as a result of shutdowns and restrictions, or indirectly as a result of the struggling global economy.