What does the future hold?
Conclusion
Inevitably, the effects of the pandemic on the healthcare sector will continue to be felt for some time to come. For businesses facing financial challenges, it is important that they map out potential risks and put in place robust contingency plans while having the courage and vision to explore options to streamline their business, if appropriate. Businesses should focus on conserving cash, find ways to reduce costs and be competitive on price as a priority. Meanwhile in high-growth sub-sectors, it is more important than ever that management teams take the time now to review their market position and draw up the most effective ways to build scale, resilience and success, and capitalise on the growth opportunities available to them. There are a number of possible routes for businesses to take, and it is important management teams across the sector are ready to review, evaluate and perhaps adapt their operations to enable their business to evolve and thrive in the new economy. As they navigate the road ahead, in proactively seeking support and advice, where required, it will ensure they have the strongest foundation for recovery.
There are a number of possible routes for
businesses to take, and it is important management teams across the sector are ready to review, evaluate and perhaps adapt their operations to enable their business to evolve and thrive in the new economy. Mark Naughton Corporate Finance
Restructuring Advisory
Corporate restructuring
Corporate advisory
Contentious insolvency
Solvent restructuring
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