Cost Reduction Analysis

We can help to reduce costs, initially through analysis followed by a detailed plan to reduce expenditure. Our experts will identify key components that encompass cost in each distinct part of the business. In doing so we will preserve cash allowing management time to plan and avoid a crisis. We use our experience in corporate restructuring to identify appropriate cost savings and provide support to management to implement the required changes. Cork Gully can then bring clarity and simplicity to the decision making process as to which costs should be reduced. If asked we can also monitor the implementation of such a plan on behalf of stakeholders. Such cost reduction will quickly improve the cash position combined with the potential sale of non-essential assets. We can then focus on improving the longer term margins to support a turnaround plan or provide sufficient time for the business to be sold as a going concern.