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The V20:20 Mission Statement
Enabling companies survive and create a foundation for growth by partnering with the Banks and SME Clients to save 200,000 jobs in Ireland
Methodology
While each situation will be unique and the amount of assistance required will vary, the typical steps would be as follows:
- Bank notices account triggers that signal client may be encountering some trading difficulty.
- V20:20 assigns a core team consultant to work with the bank and client to resolve immediate cash flow issues.
- With interim measures in place a V20:20 Sectoral and Functional expert will assess the current customer and market conditions and propose a strategic plan for survival and growth.
- The Bank will approve the plan, release medium term funds and V20:20 can help the client to implement the plan.
The unique customer benefits of V20:20’s Operational Approach
To prevent job losses, examinership and liquidation and to survive in today’s economic climate, companies need access to cash. Typically accountants and banks have focused on:
Raising cash through debt or equity or sale of assets.
Yet, to truly survive and position themselves for future growth, companies still must focus on;
- Reducing costs by reducing expenditure, optimizing productivity and/or again, selling assets (reducing overheads).
- Increasing revenues by selling more of existing, new or modified products and services to either existing or new customers.
This is where V20:20’s true expertise and business experience addsmassive value to companies.
If you are a consultant with at least 5 years experience and a track record of success - please apply to join our panel here
If you would like your business to benefit from our expertise, why not contact us now for a secure online assesment? |
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