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Sample paragraph
Business Restructure
Business restructuring often comes with the connotation that the company going through it is in bankruptcy or is facing a debt load that it cannot otherwise cope with. But sometimes a company restructures in order to rid itself of an antiquated business model and move forward again, or to focus on a core portion of the business. No longer does the phrase ‘business restructuring’ need to be something negative. That being said, it is a complex process and is not something that should be undertaken lightly.
Restructuring simply means that a large change has been made in regards to the overall structure of the company. It could be undertaken in the general structure of the company, in the way the company operates, or in how the company’s debt is handled. Usually companies do this when they realise that the current system is inefficient and is actually causing damage. It is also undertaken when failing to do so will lead to a potential failure.
Restructuring is therefore a path by which a company can remove the structure or debt that is holding ...contd..