Every successful company has faced and overcome a crisis. Even well-managed businesses can find themselves in troubled waters due to external factors. In such situations, Apenberg & Partner stands reliably by the side of its clients in the printing industry – with the goal of identifying crises early, mitigating them through targeted immediate actions, and developing sustainable long-term solutions in close cooperation with company management.
From the very beginning, bring the experts from Apenberg & Partner on board. Rely on our experience from over 100 restructuring projects with companies in the printing industry.
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Recognize crisis signals early and act decisively.
Most bankruptcies could be avoided if management recognizes the early signs of a crisis and takes decisive action. Although legislators have introduced the protective shield procedure as a new way to save companies from being dismantled during insolvency proceedings, this option should be avoided whenever possible.
The earlier companies begin restructuring, the better their chances of emerging stronger from the crisis.
Step 1: Company Quick Check (14 days).
Every successful company has overcome a crisis. For business owners, it is crucial to recognize the causes of a crisis early. With over 100 successful restructuring projects in the printing industry, Apenberg & Partner has the industry and methodological expertise needed to identify the root causes of a crisis within just a few days and develop initial solution approaches.
Step 2: Restructuring Concept.
Together with your team, we develop a strategy for how to act during the crisis and, more importantly, how to reposition the company afterward. We assess whether your business model is still viable or if it needs to be modified or even overhauled. The goal of the strategy development is to establish the future direction of the company based on previous insights and relevant industry benchmarks (best practices). Various options are usually discussed and evaluated, weighing which recovery strategy is the most promising. The best option is selected, operationalized, and outlined in a restructuring plan. If necessary, we can prepare a restructuring report according to IDW S6 / IDW S11 standards.
Step 3: Implementation of the Restructuring Concept.
During implementation, the restructuring goals and their timelines are established. Action plans and specific measures are developed to answer key questions: Who does what, by when, and with what resources? The outcome of this step is a prioritized action plan.
Step 4: Progress Monitoring.
Effective monitoring of the measures ensures that the restructuring goals are implemented as planned. Deviations in the implementation process can be detected early, allowing for corrective actions to be taken.
