Basic tools for crisis management in business:
1. Drafting of an executable anti-crisis management plan based on the diagnosis of the business (company, project) in crisis;
2. Devising models for better use of assets of a business in crisis and decision making (i.e. improving the product, selling part of the assets, changing: raw materials, sales channels, the profile of the business, strengthening the team, etc.);
3. Prioritizing the liabilities of business in crisis, maintaining individual negotiations with debtors, and their involvement into the process of bringing the business out of crisis;
4. Identification of needed financial resources aimed at pulling business out of crisis and seeking for funds (investment – at the initial stage, then a loan in a partnership with the financial institution);
5. Managing the process of pulling business out of the crisis; decision making and implementing within the framework of strategic plan, agreed upon with the business founder.
The “Management Company GGM” receives its remuneration only if the crisis in business is resolved and the company continues to steadily operate.
Management company GGM offices: 13 Tamarashvili st., Tbilisi / 107 Chavchavadze st., Batumi, Georgia
Contact: e-mail: [email protected] / website: www.ggm.ge / phone: 032 2 55 50 50
