It’s time for changes, for corporate restructuring!

Every developing company will reach point when it is time to think about restructuring. Corporate restructuring is about managing changes and it’s great when changes are positive.

Corporate restructuring is a corporate action taken to significantly modify the structure or the operations of the company.

Most common positive reasons to do restructuring:

• experiment with new products, price strategy or implementing new technology;
• starting to explore new markets (ex., you are going to the global market or go online);
• reach out to new groups of customers;
• changing a system of work, adding outsourcing, telecommuting;
• changing management method, quality management or even reorganizing a company's legal, ownership;
• new financial situation, for example, got found

The Corporate Restructuring takes place in two forms: financial and organizational.

So each company has own reason or reasons to make changes. How to start?

Steps of restructuring are the following:

1. Determining what fields need to be restructured;
2. Make an analysis, determine weaknesses and creating detailed plans to correct weaknesses during restructuring;
3. Follow plans, implementing corrective action;
4. Calculating and securing funding;
5. Restructuring;
6. Evaluating results.

When the company is in a process of restructuring and especially has final date for this process, it is easy to forget some things to do or things will be done subjectively or with no plans. For this reasons we recommend to use services of experienced company.

Do you plan to restructure something in the near future?

What is a commercial bank ?

A commercial bank is a type of bank that provides services such as deposit acceptance, acceptance of business loans and the provision of investment products used as business profits.

It can also apply to a bank or a large bank branch dealing with corporations or large or medium-sized companies to distinguish it from a retail bank and investment bank.



Functions

• Commercial banks accept various types of deposits from the public, especially from their customers, including savings on account deposits, repeated account deposits and fixed deposits. These deposits are returned when the customer requests it or after a certain period of time.
• Commercial banks provide various forms of loans and advances, including overdraft, cash credit, invoice discounting, money after a call, etc. They also provide demand and term loans to all types of customers against adequate security