ArchivesTag : Insolvency
Protect Your Cash Flow Against Your Customers Collapse
Prevention is the best medicine
In another familiar story just recently construction and development company Austruc Constructions has been placed in the hands of administrators. (read the article on smartcompany.com.au here)
I emailed one our clients who operates in the construction industry and not surprisingly he said “Thanks, I just talked to a few contractors that got [...]
New Customers Can Lead To Complete Business Failure
Be careful not to be tempted by the dangling carrot of concentrating all your risk on just one of your customers, the results can be devastating to your business. Now generally speaking, as a small business owner what we are about to talk about may sound excessive when taking on new customers however as you grow and want to extend more and…
Early Intervention Is The Key To Saving Your Business
Is it time to take the road less travelled?
Up to 80% of new businesses become insolvent and fail, most within the first five years of inception.
So how can you avoid possible liquidation?
For Australian business owners, the most likely route once cash flow has dried up and with the creditors knocking on the door, is to [...]
