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...
by admin | Aug 31, 2020 | Magazine
Over the last few weeks, we have seen an unprecedented amount of business closures, while businesses that are still operating are facing tougher trading and liquidity conditions. Either sales are slowing and/or cash collections have become more difficult....
by admin | Aug 11, 2020 | Magazine
Most people in business are great at what they do, but when you talk to them about financial figures, they run for the hills. There are ten basic numbers and ratios every business owner just needs to know – and luckily, they are easy and quick. Don’t worry, I’m not...
