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So far admin has created 18 blog entries.

5 Warning Signs Your Business is in Too Much Debt

Even highly profitable businesses can have debt on their books, and this can support operations and growth as long as it’s kept to a manageable level. Unlike equity financing, debt lets you maintain full ownership and control, and it can give businesses a tax benefit - as both principal and interest can sometimes be deducted [...]

By | October 18th, 2019|Debt Management|0 Comments

9 Essential Budgeting Tips for Restructuring Your Business

Restructuring is a formal process where your business – whether it’s the areas of operations, legal structure, debt, or some other aspect – is rearranged to make it more profitable or better able to achieve desired performance levels. Typically, businesses entering restructuring are those already experiencing some financial issues. In this case, a budget can [...]

By | October 11th, 2019|Restructuring|0 Comments

Can Personal Debt Impact Your Business?

As a business owner, you might have personal debt separate from your business operations. For example, you could have secured debt like a mortgage, car loan or a home equity line of credit, and you might have unsecured debt such as a credit card, a personal loan, unpaid bills, outstanding tax, or court-order judgments like [...]

By | September 18th, 2019|Uncategorized|0 Comments

10 Warning Signs that Your Business is in Financial Trouble

Running a business can be an exciting way to pursue your vision, but it’s also one of the hardest vocations, with a high rate of failure over time. Whether you’re a business owner, company director or financial manager, you might be directly responsible for keeping your business out of financial trouble. So, what are the [...]

By | August 16th, 2019|Debt Management|0 Comments

8 Ways that You Can Prepare Your Business for Financial Uncertainty

Even though you would obviously love absolute control of everything as a business owner, uncertainty is unfortunately a fact of life. Operating a business – where you’re moving at a fast pace in a competitive, ever-changing environment – can mean even more uncertainty, especially financial uncertainty. So, what exactly is financial uncertainty and why is [...]

By | August 1st, 2019|Debt Management|0 Comments

What is the Safe Harbour Legislation and How Does It Work for Company Directors?

Company directors in Australia have a statutory duty to prevent insolvent trading. With the introduction of Safe Harbour rules in 2017, the nature of this duty has been slightly changed. So, what are the Safe Harbour rules and how do they impact company directors? We explore this in detail below. Understanding the Safe Harbour law [...]

By | June 25th, 2019|Restructuring|0 Comments

Major Turnaround Case Study

Major Turnaround Case Study How do you come to a liquidator’s den assuming the worst, thinking it’s all over and 6 months later be in control of that same business with more promise and better financial foundations than you had ever experienced previously? Yea…it sounds fanciful but that’s the position for one client who was [...]

By | May 30th, 2017|Financial|0 Comments

Tackle financial problems before it’s too late

  What a business owner can do if their business is struggling? Referring from an article from Grant Field for Smart Company Summarising this article, it is often easier to look back after a business has failed and identify why, than it is to save a business from failing in the first place.  Business founders usually have not [...]

By | September 13th, 2016|Financial, Restructuring|0 Comments

Personal Property Security Register (PPSR) boost

PPSR and PMSI combined for better creditors protection (from Gregor Heard for Fairfax Agricultural Media) A proponent of the personal property security register (PPSR) and purchase money security interests (PMSIs) as means of managing counter party risk in the grains industry has defended the products from claims they are not worth the effort. Chris Heinjus, director with [...]

By | September 7th, 2016|Financial, PPSR|0 Comments

Choose your Liquidator carefully

ATO Crack down on Phoenix activities The Australian Tax Office (ATO) and the Australian Securities and Investments Commission (ASIC) have conducted raids on 13 businesses and residences across the country in a bid to crack down on “pre-insolvency” firms that advise clients on how to avoid tax. Some 120 ATO officers teamed up with their [...]

By | August 16th, 2016|Illegal Phoenix|0 Comments