When is the best time to do a financial restructuring on a company? During the good times, when it is earning the most and profitable. That is when the most waste occurs, yet appears inconsequental and is easily afforded, and ignored – causing potential future issues and making problems larger.
When are the majority of them requested? During financial downturns, either in the economy or due to issues at the company itself. Then the issues have caused their damage and are more difficult to change.
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