Business needs constant perfecting, so that is why the process of restructuring always is of irreversible nature. Top managers of leading global companies announce new restructure programs every 5-10 years. As soon as company starts to develop slower than its competitors, it is necessary to make changes in company’s way of managing. As one of the best American managers of the last decade, the first person of IBM, Louis Gerstner, put it: «The outcome of any regulation is re-regulation, endless reforming of previous reforms results».

Restructuring is procedure of complex optimization of the structure and functioning of a company according to demands of external economic environment and designed strategy of its development.

International Standard Franchise performs the following types of reorganization of a company:

1. Directed onto enlargement of a company (merger, acquisition, affiliation)
   
2. Directed onto the segmentation a company (de-merger, split off)
3. Without changing the size of the company (transformation).

Restructuring project includes the following parts:

1. General provisions.
   
2. Financial analysis of a company.
   
3. Organizational structure analysis of a company.
   
4. Market analysis of the production of a company.
   
5. Arrangements on restructuring of a company.
   
6. Projection on socioeconomic consequences of the restructuring.
   
7. Appendices:
• arrangements plan on the restructuring;
• lists of the enterprise’s property that should be depreciated, sold, closed down, laid up, rented, given to the municipal ownership;
• lists of the enterprise’s property on the basis of which it would be reasonable to create new legal entities, offices, branches, representative offices;
• business plans of creation of new legal entities.