Issues/Implications
Nearly all businesses will face performance challenges, be it failing to meet revenue or profitability targets, poor cash conversion from operating profits or underperforming/loss-making divisions or individual sites.
These may be pre-existing challenges or may have arisen recently because of the economic climate or recent organizational changes or sector focused issues.
If these issues are not addressed, they could result in the breach of lending covenants, the loss of confidence from lenders or other key parties and future cash flow pressures.
