Business turnaround


Business Turnaround

Today’s business climate is constantly changing. Whether it’s technology advancements, world economic conditions, changing consumer behaviours, or commoditisation of services, businesses often face serious challenges and threats. They say its hard work going broke, and since 2008 we’ve helped dozens of businesses navigate the path of downsizing their businesses when confronted with agitated creditors and suppliers (including the ATO). We have developed some key skills in this area, and have been able to achieve some good outcomes for our clients when they would have likely thrown in the towel. Some of the areas that we can help are:

  • Negotiating with ATO and other key creditors
  • Negotiating with financial institutions
  • Corporate financial restructuring (informal and formal under the Bankruptcy Act)
  • Developing an exit strategy
  • Liaising with insolvency specialists
  • Personal financial restructuring (informal and formal under the Bankruptcy Act)
  • Carrying out business reviews and cashflows
  • Post insolvency structuring

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