ALL about Business Rescue
STREET-WISE strategies for tough times
Start an online
Business Rescue course
NOW!
Most businesses will be affected by Business Rescue
Even if your business is strong, a debtor may be "distressed".
As a creditor you need to know how Business Rescue works
Dear Sir / Madam
I have been appointed as Business Rescue Practitioner for your customer in terms of Chapter 6 of the Companies Act 71 of 2008.
You are invited to attend a meeting of creditors on Tuesday of the second instance where you can try to prove your claim...
Yours faithfully
B.R.P esq.
If your own business is distressed
You don't want to learn this stuff on the fly
"Just wing it" is not a healthy legal strategy when a large chunk of your wealth is tied up in your business
Business owners lose EVERYTHING
because in good faith they try to prop up a struggling enterprise
for the love of their employees and fear of creditors
IT DOES NOT NEED TO BE THIS WAY
What is going on?
Employees would have known for a while. They always do. Whispered conversations. (The WhatsApp rumour-mill pumping on over-drive.)
Customers place orders, pay deposits, wonder why delivery hasn't happened.
And shareholders may have been asked for a capital contribution. Or not.
"There was no dividend this year, you know".
"What the ACTUAL HELL do we do now?"
Warning!
Do not get sucked into a Business Rescue without knowing ALL the ins-and-outs of the process.
Cut through the hard-core legalese of the Companies Act.
Clear, simple, practical lessons with real case-studies from the Courts.
You will meet
banks
(of course)
unhappy creditors
angry shareholders
militant trade-unions
tender-preneurs
greedy business rescue practitioners
and...
the Guptas!
An Online
Business Rescue Course
The course is set out in video presentations and illustrative slides.
We add written documentation to the presentations where it is relevant.
Supporting reference material and helpful worksheets, of course!
Mind-maps link the laws and the course material.
We will even throw in few dozen links for your clicking edification.
You can watch it all at once, or over several weeks.
You can replay again and again.
You can download the worksheets, the slides, and the transcriptions.
The course is available seamlessly on all your devices.
Start on your desktop or laptop. Pick up where you left off on your cell phone.
Illustrate your point on the TV in your boardroom.
Gain the advantage with street-wise knowledge
You can go around the block yourself and tell the story to your grand-children. Or you can learn from those who have worked out a better route.
Learn from their "street-cred" stories.
Make millions with preparation
In many countries, businesses prepare for a negotiated restructure. It controls the process costs. The directors remain in control as meaningful discussions happen prior to the rescue.
A"done deal", ready to implement will keep the rescue within the timetable, and on budget.
Seeing isolated examples make sense
Creditors, companies, trade unions, and even business rescue practitioners have tried to pull some interesting moves.
You will learn by seeing those stories, against the application by the courts, of the Companies Act.
There is stuff you just cannot do. Other stuff - you can, and should.
Get better prepared with early warning signals
Whether it's your business or a creditors', recognising the early signs will pay dividends. Actually!
The easy-use formulas will give you an aerial view of trouble ahead.
Protect your wealth as we expose secrets
We are all subject to the law. Some people know how to use the law to their benefit.
They have "street-cred" - a frustrating thing for their opponents.
Now you too, can look after YOU.
Empower yourself as we destroy myths
So many pubs - so many myths.
Another braai - another theory.
You will empower yourself as we cut through the myths of a friend of a cousin's new lover.
Eugene Armer
Managing Director
Highly recommended!
After four months of Covid-19 lockdown, with zero income and declining cashflow, it was necessary to make some tough decisions for my business. Mark put all the numbers together and then worked through the various scenarios with me in a clear and concise manner. The result was avoiding the expense of Business Rescue, instead following a relatively painless process to 'mothball' my business until a viable restart can be considered.
Ray Stride
Business Continuity Consultant
This course is a winner
Had I taken this course before my company went into business rescue my family would be much better off today.
We learned all about the process as it unfolded around us. It was not uncommon for me to arrive at work and find out about yet another rule which we never knew existed the previous week.
It is extremely difficult to deal with this process while your world is being turned upside down.
Just the loan account strategy in the course would have made my family more secure.
Koos van Rensburg
Senior Business Rescue Practitioner
The business rescue plan was Mark's brainchild
Mark and his team are to be commended on the work they put in to produce this business rescue plan and the successful negotiations behind it.
The course content
24 lessons across 4 chapters
- The course layout, history of BR, and the offered relief.
- Dispelling myths with facts and stats.
- We show how the myth of the limited liability company for small businesses can be devastating.
- The ground rules of BR, and the timelines which apply
- Contra-indications and the effects on shareholders
- Early indicator tests
- Low hanging preparation
14 lessons spanning 3 chapters
- Performance testing in the C-Suite.
- The decision tree alternatives to BR
- Easy ratios for predicting trouble
- Planning for post BR commencement financing
- Keeping things affordable with tough tests
- The benefit in pre-packing for rescue
- Appointing the BR Practitioner
17 lessons in 4 chapters
- Business rescue is not cheap, and several lessons will explain the reasons
- Applying the rules and timelines of BR in practice
- The ground-rules and FUD of the first two weeks
- Political in-fighting and out-fighting for voting rights
- Avoiding the vultures by revisiting some pre-pack preparations
- The unions, the creditors, and the shareholders - swopping boots
- The BRP god, and the PCF devil
12 lessons in 2 chapters
- What can and should be sold.
- Dealing with contracts
- Subsidiaries and the business as assets of the company
- Capital raising and debt conversions
- Convincing unhappy people
- Bringing the plan to the vote
- Executing the plan
There isn't actually a Module 5. But we thought it would be a good idea to keep all the case studies and notes down here, rather than splaying them across the items in the other drop-down menus.
Rest assured - the lessons are interspersed with case studies, asides, references, and other material.
Bonus
more than lectures
You've seen courses where the presenter has droned on and on and on, vaguely referring to an indistinct PowerPoint slide.
"Seriously, did he just cut and paste that from a text book?"
Skip that nonsense. We tell you, show you, and prove it to you.
We tell you what something is, without reading the reference text to you.
But if you need to study the reference, we will give that to you separately
in each lesson.
Bonus
prepack for success
The most successful business sales are prepared before they go anywhere near the market.
Hundreds of business owners benefit from PrepareYourBusinessForSale
The same benefits have been brought to
Prepare Your Business For Rescue
It is no coincidence that pre-packed business rescues work for all the "Affected Persons"
to yield the best results.
Bonus
early warning measurements
The financial statements prepared for directors and shareholders hold the key to more than profits, losses, and net asset value.
Bankers run early warning models on every business to which they have advanced money.
Prepare Your Business For RESCUE puts those tools into your hands.
Keep any BRP honest.
Unique searchable hyper-linked Act
The Companies Act can be very difficult to navigate for the uninitiated. There are dozens of of cross references to other sections of the Act.
You will receive your own searchable copy of the Companies Act with all references hyperlinked for easy following.
MSWord
Adobe PDF
Pre-package your business
It is always difficult to sell a distressed business.
Business Rescue provides the protections and framework to work with a pre-packaged deal.
We have another bonus section which deals with the requirements of selling a business under threat from creditors.
Signs of distress
There is a conversation in Hemingway's first novel The Sun Also Rises in which the recently bankrupted Mike Campbell tells Bill Gorton he went bankrupt "gradually, then suddenly".
There are better warning signals. We have a bonus section on just that. Pick a few numbers each month, and put them through the model to know what risk your business is running.
Life-time access gives you resources
You will always have access to this content, plus all the updates as they occur. The law is an evolving ass, and as that stomach turns, so must the strategy of all Affected Persons.
"On all your devices" means anywhere
We have designed all our courses to be accessible on anything. The downloads are in popular formats. The video content is simple and clear, and in HD.
And no YouTube advertising interruptions!
Short, sharp, and to the point
More than 50 lessons in 12 chapters and 3 modules.
Watch them in order, or go to the lesson with the answer you need, when you need it.
Short and mostly stand-alone so you don't have to listen to hours of irrelevant content to find the 10 minutes you need, when you need it.
Well produced
You won't be distracted by having to stare up a hairy set of nostrils, juxtaposed against a broken smoke detector on the ceiling. Also... No bookshelves!
We have good lighting and quality cameras. Everything is pre-recorded and packaged for your ease of access and use.
In your own time, wherever you are
Your life is really busy right now. So setting up any particular presentation time is probably not convenient.
But we know that you may want to get back into bed on Saturday morning with your mobile phone and catch the next few lessons.
No problem. We have full compatibility across your devices. Just pick up where you left off.
Generous affiliate rewards
We issue affiliate codes to our delighted students. They earn 30% of every purchase of the course through their introduction. You do the sums.
Our cookies stays active for 3 years on the devices of your friends. And we work on first-come first-served. So even if they reply to an advert of ours later, you will get your cut.
As we promise... GENEROUS!
About The Course Meister
Mark Corke
Mark has been ever-present in the mergers and acquisition industry for almost 30 years. That experience sucked him into one of the early Business Rescues in 2011; one of the first BR successes in South Africa.
He worked with the Business Rescue Practitioner (BRP) and management of the company to package the business for sale. He negotiated across 3 continents to find an investor. A South African public company beat them all to the deal.
The rescued company still trades today - an employer, market leader, and tax-payer.
Since then Mark has interlaced his M&A consulting practice with pre-packaging other rescue deals. He brings 10 years of experience and understanding to the Prepare Your Business for RESCUE course.
Here’s what people are saying about Mark Corke
Llewellyn Asher
Investor
No punches pulled
No need to go further on that prospective investment. I owe this saving outright to Mark's advice.
Maureen Woodman
Serial Entrepreneur
Drip, drip, drip
Must say, I love this course in this format - one little thing to do at a time.
I find that I'm always so busy attending to technical things, that the evil admin waits until I'm so caught in the corner that I can no longer escape. This is usually because it seems so big . The way you're doing it, it becomes a non-issue and will just get done.
Leigh Cohen
Business Owner
Patient professionalism
We found Mark to be very professional. He is focused on the interests of all affected and is not hesitant to voice his opinion and offer sound advice.
His documents are exceptionally detailed and cover all aspects.
He is approachable and patient and it has been a pleasure dealing with him.
Pre-packaged Business Rescue Plans
The success of a business rescue relies on speed and efficiency.
Efficiency translates into fewer hours needed by the Business Rescue Practitioner (BRP).
Those guys control the costs of Post Commencement Financing (PCF). Junior BRPs will charge R15,625 per day. And for every day after.
The first week of business rescue will cost a minimum of R78,000
The fee is legislated in the Companies Act. It has not changed since the Act was written. BRPs negotiate for an inflation adjustment which is usually accepted by the affected persons (the body of creditors).
Then there is the cost of the support team for the BRP. They will be even more expensive because it is not legislated.
Prepare Your Business For RESCUE gives you the tools to do much of the work at your own employee rates before the Business Rescue process gets underway AT A FRACTION OF THE COST.
You don't want to sit around listening to someone else's cash register ring while the business rescue team struggles to drag information out of your scared and unwilling administration.
Quick and efficient business rescue processes are key to success.
Prepare Your Business For RESCUE costs less than the first day of the BRP on the job.
It will position the business weeks ahead of the post commencement financing time-cost structure.
This 60% launch discount closes at the last minute of 16 November 2021
You missed out!
100% Satisfaction Guarantee for 30 Days
This is our commitment to you. You have 30 days to claim your purchase back.
We'll be sorry to see you go, of course, but we will ask no questions.
Every cent you have paid - back into your account.
Frequently Asked Questions
Any time you want. You can enrol and start within the next few minutes if you wish.
Or you can enrol now and start next week.
You can start during lunch and continue in the Uber. As long as you have connectivity, the course will wait for you.
That is entirely up to you. Each lesson is a short byte-size section of information. You can jump around to find what you need, or you can let the course unfold in a progressive manner.
The lessons and their supporting information will be there for you to revisit at your leisure.
Once you have purchased Prepare Your Business For RESCUE, you will always be able to access it.
You will also have access to the updates, improvements, and any corrections. But mostly updates!
Always means forever, 24/7/12/365!
For your lifetime.
No.
This is street-wise advice based on a decade of advising our clients on matters in and around Business Rescue.
We have worked on Business Rescue projects in a support role, doing the back-room work. We have been privy to some very interesting negotiations, threats, and cave-ins.
We have helped businesses prepare for the possibility of going into Business Rescue. We have helped some avoid the costs involved by taking alternative routes.
We believe the best Business Rescue Practitioners are attorneys supported by accounting professionals. (We are also not accountants).
This is NOT legal advice. Every Business Rescue is unique.
The course content is an accretion of knowledge from conferences, actual business rescues, research, courses, lots of reading, and a bit of thinking.
It has taken most of the last decade to gather it all, and a term of plague induced lockdown to put into a presentable state.
It continues to be a work in progress.
We offer a 30 day suck-it-and-see no-questions-asked money back guarantee.
Yes - you can access it anywhere in the world.
No - it is based on South African law, experience and practice.
There are elements which are applicable anywhere, but for specifics you should look at local content for your country.
Yes - there is a virtual mountain of information available online.
We have done that search work for you, and the course includes reference to many articles, research papers, theses, and opinions which you could otherwise find for yourself.
But Prepare Your Business for RESCUE puts it all into context, in summary, and with explanations.
Wherever possible, we provide hyperlinks to those works, and where there is no copyright restriction, we give you the actual document.
Nope! But you knew that already, right?
Let's be clear. This course is not authored by an attorney or para-legal by any stretch of those definitions.
The information contained in Prepare Your Business For RESCUE is available to anyone who takes the trouble to look, investigate, and think.
The course provides a short-cut to useful information in a structured and clear manner. The cost of the entire course is less than the cost of your first consultation with an attorney. You can revisit the contents of the course as often as you wish.
It will bring you up to speed with the Business Rescue part of the Companies Act, and apprise you of what to expect. Your legal consultation will be more meaningful. You won't waste time.
Frankly, it should not be necessary if you follow the lessons.
There is enough information in the course for you to plan your own strategy as a director, shareholder, creditor, or a combination, or any other Affected Person.
The included worksheets and decision trees will save you a bunch of unnecessary expense.
Yes. 30% on a 2 year cookie.
That means that anyone you refer with your unique link will trigger a 30% commission to you. As soon as they use your link a cookie will be stored on their machine which will remain there for 2 years.
It works on a first come, first earn basis. So even if your friend revisits the sales page and makes a purchase after finding us on Google, or via our own emails, or on someone else's recommendation, you will get the commission. Up to 2 years after their first exposure to the course.
If they purchase using another machine, there is no way we can track it, and that's just the way it is. It is all automated by a combination of WordPress, SendOwl, and PayPal
But we only make it available to people who have purchased and completed the course. We are not interested in being fake-promoted by air-head "influencers".
So if you came to this sales page on the recommendation of someone, you know it was a genuine suggestion.
Prepare Your Business For RESCUE
A special launch discount of 60%
ZAR
6,400-00
2,560-00 !!!
This special offer expires in
You missed out!
The special price entitles you to all the same benefits as the full price
personal note
We live in difficult times, made worse by a once-a-century pandemic. My great grandfather was mayor of Springs when the Flu of 1918 infected 60% of South Africans, killing 1 in every 25.
For the foreseeable future, like then, we will see businesses struggle.
Senior executives and business owners owe it to their shareholders and their families to understand the risk and opportunities which exist in this legislation.
Please join me for a no-risk "suck it and see" start to the course.
