Our Approach to Business Rescue

OUR APPROACH TO BUSI­NESS RESCUE

Inde­pen­dence

STURNS is a prac­tice that is focused exclu­sively on the busi­ness res­cue process in South Africa and is not affil­i­ated to any liq­uida­tor, attor­ney or account­ing firm. If required the skill set var­i­ous pro­fes­sions are con­tracted in the res­cue process pro­vided they have the same busi­ness ethics.

Men­tor­ship for staff

Sturns is founded on aca­d­e­mic excel­lence and exten­sive prac­ti­cal expe­ri­ence. Our staff undergo rig­or­ous inter­nal train­ing and are required to thrive in the aca­d­e­mic arena thus gain­ing exten­sive knowl­edge in busi­ness as well as the busi­ness res­cue process.

Our inter­nal men­tor­ship process allows prac­ti­tioner to gain prac­ti­cal expe­ri­ence and thus add value to clients

SEA­CAM

STURNS have devel­oped a stream­lined sys­tem to max­i­mize the effi­ciency of the busi­ness res­cue process. Our prac­ti­tion­ers adopt the inter­nally designed SEA­CAM approach which analy­ses the sys­tems and resources of the organ­i­sa­tion and seeks to opti­mize these. We eval­u­ate all exter­nal fac­tors in the mar­ket and risks internally.

We then eval­u­ate the gov­er­nance in the organ­i­sa­tion. The results and rec­om­men­da­tions for improve­ments as a result of the SEA­CAM approach are included in the busi­ness res­cue plan and will ensure the longevity of the company.

Sup­port system

Our inter­nal struc­tures at our offices ensure that all affected per­sons are kept abreast with all mat­ters regard­ing the busi­ness res­cue. These struc­tures also ensure that time­lines and other dead­lines are adhered to.

Coun­selling

In our expe­ri­ence dur­ing the busi­ness res­cue process, man­age­ment and employ­ees may suf­fer enor­mous psy­cho­log­i­cal and other pres­sures. As part of the busi­ness res­cue process we may pro­vide the ser­vices of a coun­selling psy­chol­o­gist and a debt coun­selling prac­ti­tioner. Employ­ees, man­age­ment and imme­di­ate fam­ily mem­bers are encour­aged to avail them­selves of these services.

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