by admin | Mar 4, 2021 | Magazine
What is a business turnaround? A business turnaround is everyday management to rescue a declining company that has been performing badly for a long time and will fail without corrective action. A turnaround aims to stabilise the business and secure its future....
by admin | Feb 19, 2021 | Magazine
What does a business restructure mean? A corporate or business restructuring is the process of reorganising one or more aspects of a business to increase its efficiency and profitability. Restructuring is an umbrella term that encompasses four distinct groups of...
by admin | Nov 16, 2020 | Magazine
In Australia, company restructuring engagements are a relatively fresh approach to preserving and improving business operations, particularly for small to medium businesses. Restructuring a company involves reorganising one or more aspects of the business to increase...
by admin | Nov 16, 2020 | Magazine
What does Safe Harbour Insolvency mean? Safe Harbour allows directors to take reasonable steps to trade the company out of financial difficulty without concerns about personal liability, or unnecessary effects to the potential value of the company by prematurely...
by admin | Sep 4, 2020 | Magazine
In Part 1, I outlined the 10 financial figures and ratios, how to compute them and what they show. However, to make the most of this information you must understand what the information is telling you and how to apply this information in your business. The 10 figures...
