The recovery path
Work through it in the right order
Distress rarely responds to one dramatic move. These five stages take you from regaining immediate control to a clear decision about what comes next — one step at a time. The Assessment and Recovery Plan help you apply this framework to your own situation.
- 01
Stabilise
Weeks 1–2
Regain immediate control over cash and urgent operational pressure.
Explore the stage - 02
Simplify
Weeks 3–4
Remove complexity, waste, distractions and low-return activity.
Explore the stage - 03
Restructure
Weeks 5–7
Rework team, roles, pricing, margins, systems and the operating model.
Explore the stage - 04
Refocus & Rebuild
Weeks 8–10
Reconnect with customers, clarify the core offer and restore focused revenue.
Explore the stage - 05
Review & Decide
Weeks 11–12
Review progress and decide whether to continue, refine, refinance, seek specialist help, or evaluate strategic options.
Explore the stage
The flagship workbook
The Business Restructuring Workbook is built around this exact methodology. Work through it alongside each stage.
Download the workbook