The first step in regaining the confidence of bankers and creditors is to present a well-developed strategic plan.

Question

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A well-developed strategic plan outlines a company's goals and strategies for achieving them. This shows bankers and creditors that the company has a clear vision and a plan for success, which can help to regain their confidence in the company's ability to repay loans and debts.

The First Step in Regaining the Confidence of Bankers and Creditors