A workout model for insolvent businesses that involve a lot of short-short term actions intended to stabilize the company as quickly as possible is

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Retrenchment is a strategy that involves short-term actions aimed at reducing costs and restructuring the operations of a company to stabilize it financially. This approach is often used for businesses facing insolvency to quickly improve their financial situation.

A Workout Model for Insolvent Businesses That Involve a Lot