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When should a company initiate restructuring proceedings?

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We teach young entrepreneurs how to set up a business, but we do not teach them how to get out of trouble. When it comes to restructuring proceedings, you need to know that they are different and are tailored to different stages of problems. Unfortunately, the awareness of entrepreneurs in Poland in this respect seems to be low.

– Basic knowledge of restructuring procedures should be in the minds of entrepreneurs. The turning point when one should consider initiating restructuring proceedings is the emergence of a significant problem, and not necessarily insolvency itself.

- says Maciej Pietrzak, President PMR Restructuring SA.

The material appeared on the website:

6 July 2016:
" When should a company initiate restructuring proceedings?
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PMR team

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