Independent Business Review
at a glance
Initial Situation
In the event of refinancing, deviations from plans, or the start of restructuring, investors and companies need a neutral assessment of the situation.
Our Approach
We analyze the business model, market, performance, financial situation, and integrated planning, and validate the key assumptions.
Your Benefit
- Clarity on risks and cash drivers
- Assessment of the viability of measures
- Faster credit decisions
in Detail
Initial Situation
An independent business review is used when companies or investors need clarity about the economic situation and the need for action at short notice. Typical reasons for this include refinancing, increased earnings or liquidity risks, deviations from plans, or the start of restructuring. Stakeholders then need a neutral assessment of the situation as a common basis of facts.
What is an Independent Business Review?
An independent business review is a compact, independent company analysis with a clearly defined focus. It evaluates the business model, market environment, performance, financial situation, and planning, validates key assumptions, and reviews the effectiveness of planned turnaround measures. The result is an objective report that is understandable and reliable for financiers.
Goal, Significance, and Purpose of an Independent Business Review
The aim of the Independent Business Review is to provide transparency regarding the initial situation, risks, and restructuring potential. It shows which factors influence performance and cash flow, whether planning and measures are viable, and how debt servicing capacity can be maintained. This speeds up credit decisions and creates negotiating security for all parties involved.
Support from Horn & Company
Horn & Company creates IBRs quickly and with rigorous numerical logic. We combine industry benchmarking, performance analysis, and integrated financial models, derive prioritized options for action, and prepare the results in a way that is tailored to the target audience. This provides management and investors with a clearly structured basis for decision-making right through to implementation.
