Getting out of a crisis
Suppliers waiting, banks tightening: there are still choices to make, if you act before it is too late.
I am often called in when the situation is already under pressure: cash flows tighten, margins thin out, decisions get heavier. My job is to put the numbers back in order and build a path that banks and creditors can accept.
“Strategy that ignores cash is just rhetoric.”
Michele Collini · ACCA MemberFirst step
Priority cash diagnosis
13-week cash flow, debt map and priorities to tackle, with a written outcome.
When to call me
Warning signs not to ignore
The earlier you act, the more options remain open.
You pay suppliers late and every month you have to choose who to pay first.
Your bank is asking you to repay, cutting your facilities or not renewing your credit lines.
Tax and social security arrears grow month after month.
You don’t know whether cash will last the next three months.
What I do
Three tools, one goal: keeping the business alive
Cash flow management
A 13-week cash forecast: every week you know what comes in, what goes out and where to act. It is the basis of every negotiation with banks and suppliers.
TreasuryTurnaround plan
A financial plan built on real figures, showing banks and creditors how and when they will be paid.
PlanNegotiated crisis settlement
The procedure under the Italian Insolvency Code for negotiating with creditors with the help of an independent expert, with the option of requesting protective measures against their enforcement actions.
Insolvency CodeIn some cases the business also needs temporary hands-on financial leadership: the Part-time CFO.
How I work
From first contact to the plan
1
Introductory call
30 minutes: you tell me about the situation and together we work out whether and how I can help.
2
Cash snapshot
Debts, deadlines and cash flows for the next 13 weeks, set out in order.
3
Choosing the tool
An agreement with the banks, a negotiated settlement or a court-supervised arrangement: the numbers drive the choice.
4
Plan and negotiation
Building the plan and supporting you in discussions with banks and creditors.
Cases
Real situations, anonymised
Manufacturing
Situation
Cash strain and exposure to several banks.
Intervention
13-week treasury plan, turnaround plan and a proposal to creditors by class.
Stage reached
Plan filed in the negotiated settlement procedure, protective measures obtained, negotiations with the banks under way.
Food sector
Situation
Financial charges too high relative to margins.
Intervention
Four years of financial data, 13-week cash flow, bank debt consolidation strategy.
Stage reached
Application for negotiated settlement filed, procedure under way.
Construction
Situation
Company in a court-supervised arrangement with creditors.
Intervention
Plan built on an offer to lease the business followed by its sale, as an alternative to liquidation.
Stage reached
Business kept as a going concern, plan supporting the procedure.
Ongoing engagements, described without any data that would identify the companies.
Contact
Let’s talk, before it is too late
Write to me: I reply within 24 working hours. Or mc@michelecollini.com