Our team regularly assists businesses in financial distress facing an uncertain future with commercial, financial and strategic advice. We know that a lack of cash flow and poor governance can impact directly on a business’ performance and viability. Businesses facing underperformance and change can benefit from our range of advisory services in difficult times.
Persistent underperformance of a business can lead to financial distress, impacting core business operations and viability. We can help stabilise and restructure businesses to improve performance and value.
When directors face solvency concerns we can assess the Company's current and short-term financial position, identify the risks to all stakeholders and determine the capacity to restructure and trade out of difficulties. If restructure is not possible, we provide a range of formal insolvency services.
Do you need help determining the solvency of your business?
Debt Collection, Setting Aside Pre-Liquidation Transactions and Safe Harbour
There is little point making a sale if you can’t collect the sale proceeds, and therefore it is vital to have an effective credit management methodology that permeates through all phases of the sales cycle. This methodology extends through new client acquisition, ongoing client relationship management and ultimately debt collection.
1-Year Bankruptcy, Why Businesses Fail, Negotiating Payment Plans and Phoenix Law Reform
The Bankruptcy Amendment (Enterprise Incentives) Bill 2017 came before the Senate in late August 2018 and the legislation is now a step closer to becoming effective law.