Restructuring & Cost Reduction
If your Spanish operations are in a loss making situation, then our advisors can help you take an objective view as to where the problem lies, and can assist you in taking action to rectify this.
The exercise could range from a simple cost reduction programme to a more complete restructuring of your operations, including down-sizing and rationalizing activities.
Although this may be a costly exercise, especially if a reduction in personnel is required, it may be advisable to “bite the bullet” and take a one-off hit to profits in order to secure the future of your operations in Spain.