The Business Rescue Process in South Africa, Everything You Need to Know

Business rescue in South Africa provides a structured process to help companies reorganize their affairs and avoid liquidation. This article explores how the business rescue process works, the role of the Business Rescue Practitioner, and the steps involved in developing a recovery plan. It highlights key benefits such as creditor protection, operational continuation, and the potential for better returns. Understanding business rescue is essential for guiding clients through financial challenges and helping them make informed decisions.