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?
The Importance of Contribution Margin
As advisers to businesses in financial difficulty we are often called into meetings to help Directors focus on what is important in their turnaround/restructuring plans. We regularly help these discussions progress by focussing on contribution margin.
Advisory Board Concerns
The trend for the formation of Advisory Boards for larger private companies has been gaining momentum in Australia over the last few years. We are being asked more regularly questions from Advisory Board members concerning whether they have Officers’ duties and liabilities