Corporate planning is one of the most important tasks of management. Without a planned approach, a company will sooner or later run into problems or at least will not exploit its full profit potential.
Corporate planning is even more important in times of crisis. For liability and criminal law reasons alone, management must have implemented corporate planning and constantly adapt it to changing circumstances on the basis of target/actual comparisons. With integrated corporate planning - consisting of asset, financial and earnings planning - management is in a position to detect the crisis in a timely manner and to identify restructuring measures and determine their impact on the asset, financial and earnings situation.
At the same time, an up-to-date corporate plan provides the basis for monitoring the existence of reasons for insolvency and is an essential prerequisite for the preparation of reorganization concepts.
We would be pleased to support you in the implementation of corporate planning or suitable controlling instruments.