Business Recovery Services

At times our Business Recovery role is misconstrued as being applicable only to companies which have either failed or are in serious financial difficulty. However, in our role as financial advisors, we are often at our most effective when appointed at the first sign of financial difficulty or concern. Our staff have experience across a wide range of industries and the necessary skills to effect business turnaround.

PricewaterhouseCoopers has the largest Business Recovery team in New Zealand and as a global firm, we are able to assist with any local or cross-border Business Recovery issue.

PricewaterhouseCoopers does not just specialise in Business Recovery matters, and thus is able to provide you with cost effective advice that considers all commercial, legal, financial and taxation issues, to ensure that the best solution for your problem is recommended.

Our Business Recovery services comprise ten core areas:

• Business Appraisals - Identifying problem areas; improving cash flow; reviewing budgets and overheads.
• Business Turnaround - Hands-on help with turnarounds and cash-flow management; strategic assessment; business improvement; process improvement; performance benchmarking; asset redeployment; cost realignment; interim management.
• Corporate Reorganisation - Reorganising corporate structures to unlock the full potential of their constituent parts.
• Credit Training - Credit risk assessment training; negotiation training; training coaching skills.
• Liquidations - Business recoveries; insolvency management; reviewing and realising companies’ assets; distribution of funds to creditors.
• Litigation Support/Expert Witness - Advocate support media and arbitration services; expert testimony; rebuttal reports; dispute resolution.
• Pre-Lending Review - Reviews of debtor companies on behalf of lenders; cashflow reviews; turnaround plans; balance sheet reconstructions; debt reduction programs; disposals; refinancing; fund raising.
• Receiverships - Assets protected; all possible alternatives considered; aim is for orderly sale of assets; distribution of funds to appointer.
• Statutory Management - Appointments by Government as Statutory Managers.