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The conducting of a pre-assessment will enhance and improve the likelihood of business rescue success.  The need for a pre-assessment is therefore -

• To determine whether Business Rescue is a viable option / reasonable prospect of rescue exists.
• Objective and independent view of the proposed business rescue plan prior to the filing for business rescue.
• A business rescue plan must be supported by 75% of creditors. We analyse the creditors, their possible reaction and strategize a plan to get the support we would need.
• To reduce the number of companies placed into business rescue, increasing the likelihood of success.
• This will save the company unnecessary costs associated with a failed business rescue.
• We brief management on the process so that we can work as a team and hit the ground running once the business rescue process commences.