Business Reorganization and Financial Restructuring
BRC is a professional services and advisory firm that focuses on our clients. We strive to understand the economic challenges and uncertainties created by COVID-19. We are continually responding with resources and thought leadership to accomplish more than tax and assurance compliance engagements.
In this unprecedented time, community and business leaders are daily seeking guidance in navigating the unique challenges they are facing with careful, conscientious and compassionate advice.
BRC has created such a team to assist our clients in achieving the necessary framework to accomplish their organization’s mission and financial goals.
- Certified Public Accountant (CPA)
- Chartered Financial Analyst (CFA)
- Chartered Global Management Accountant (CGMA)
- Certified Fraud Examiner (CFE)
Team Experience / Applications
- Turnaround business plans
- Historical financial analyses and related strategic planning
- Cash management
- Cash flow and financial projections
- Capital and cost structure development
- Scenario and sensitivity analyses
- Negotiations with secured and unsecured creditors
BRC’s Covid Restructuring Team can guide and assist clients through Covid-19 business reorganization & restructuring
Covid-19 Specific Issues/Questions
How much working capital will it take to restart your business?
Can your business operate at 25%-50% capacity and still remain profitable?
How much CAPEX will you need to transition to the digital environment?
Will your best retail location pre-Covid-19 continue to be your best? (Do you have a methodology in determining?)
Do you open all your stores/restaurants at the same time or would it be better to stagger the openings?
Does a staggered opening of your business require more working capital or less?
Do you have an innovative idea how to reopen?
How much capital will you need to make the regulatory health and safety changes?
Is your supply chain still intact? Can you count on the same vendors and suppliers to be partners going forward?
What modifications to operations will your business need to start back? (How much will it cost?)
Contact BRC’s Covid Restructuring Team today at CovidAssist@brccpa.com to start a conversation!
Kimberly Jessup Ripberger Partner, Assurance Practice Area Leader, CPA
Kimberly is an assurance partner at our firm with over 16 years in public accounting. Her previous experience included working in Industry in process improvement and project management. She works primarily with clients involved in the governmental, non-profit and affordable housing industries, including tax credit properties, U.S. Department of Housing and Urban Development, and […]