Fixing the Business or Saving It Legally: Turnaround Strategies vs Business Rescue

Not every struggling business needs business rescue. This session explains the difference between turnaround strategies and formal rescue.

3 CPD units October 6, 2026 1 presenter

What will set you apart

By completing this course you will gain the following competencies

  • What a business turnaround really involves
  • When rescue is premature
  • When rescue is unavoidable
  • Differences in cost and control
  • Impact on stakeholders
  • Choosing the right path

Event breakdown

  • Signs of early distress
  • What turnaround strategies involve
  • Limits of turnaround efforts
  • When rescue becomes necessary
  • Control and cost differences
  • Stakeholder impact
  • Timing decisions
  • Avoiding premature rescue
Category: Business RescueType: CPD CourseCPD category: Business Rescue

Description

Businesses in trouble often jump straight to business rescue without exploring other options. This session explains the difference between operational turnaround strategies and formal business rescue. Turnarounds focus on fixing the business early. Rescue focuses on legal protection once distress is advanced. Choosing the wrong option at the wrong time destroys value. This session helps professionals assess which path is appropriate and when. Understanding this distinction improves advice, protects credibility, and leads to better outcomes for businesses under pressure. 

Presenters

Dr Shaun Watson

Dr Shaun Watson — Shaun Watson is a Chartered Accountant (SA) with a sharp focus on practical financial management, governance, and compliance, not just textbook theory. With a B.Compt, B.Acc Honours, and an H. Dip in Tax, plus experience as an auditor, audit manager, and senior lecturer, he knows what it takes to bridge the gap between accounting knowledge and real business success. Currently lecturing financial management to future accountants at the University of the Free State, Shaun doesn't just teach, he helps professionals apply financial principles to drive better decision-making. He's shared insights on international platforms, including the University of Bremen, and published research that accountants can actually use.

You will earn a certificate

On successful completion you will receive a certificate for 3 CPD units in Business Rescue.

Requirements

  • Laptop, desktop, or mobile device with internet access
  • Microsoft Edge, Google Chrome, Safari, or Firefox browser