by admin | Jul 29, 2020 | Magazine
In September 2017, a new piece of legislation known as the Safe Harbour provisions was added to the Corporations Act. Safe Harbour provisions give company directors protection from insolvent trading penalties and an opportunity to pursue strategies that could save...
by admin | Jun 5, 2020 | Magazine
To know what to expect from a turnaround specialist, it is useful to understand what a turnaround is, and what a turnaround specialist does. A turnaround is everyday management, but it involves managing the process of rescuing a company in serious decline which will...
by admin | Jun 5, 2020 | Magazine
For someone that works with businesses in financial distress, determining whether a company is insolvent is almost intuitive. However, there are several signs and predictors of insolvency that different stakeholders can recognise. But first, what is insolvency? ...
by admin | Jun 2, 2020 | Magazine
Writing a business plan when a business is in severe difficulties may seem like a luxury and an unaffordable waste of time, but it is an absolutely critical part of business restructuring. Plans help you stay organised and help you coordinate your efforts. Developing...
by admin | May 18, 2020 | Magazine
It would be an understatement to say the world has changed due to the COVID-19 pandemic. But as often is the case, it is through adversity we see a person’s real character shine, and the same holds true for business owners. So as a business owner, how can you reshape...
by admin | May 18, 2020 | Magazine
It has been interesting being a New Zealander living in Australia during the COVID-19 pandemic. There have been comments, cartoons and discussions that Australia should become the West Island of New Zealand, or that Australians wish that Jacinda Ardern could become...