Trying to manage a distressed business without support is difficult. But you don’t have to face the challenge alone. Seedat Accounting can objectively assess the situation and put plans in place for the best course of action.
Options may include restructuring to sell or help the business trade out of difficulty, or winding it up as quickly as possible to minimise further losses. We work to ensure you adopt the right approach to achieve the best outcomes for the benefit of secured and unsecured creditors, and stakeholders.
As with any business recovery, timing is everything. Paying attention to an early warning could mean the difference between saving a business or it being forced into liquidation. Our accountants have great experience in getting businesses on the right track. Our ultimate goal is to restore stability to the business and rebuild its value through a sustainable growth plan.
Our turnaround process is designed to help:
- Investigate a business’ viability and working capital requirements
- Evaluate the options available to reverse underperformance and repair working capital
- Create and implement an agreed turnaround and growth strategy
- Monitor business’ future performance
- Provide interim CEO/CFO support.
Get in touch with us to discuss how we can help.
Our other services:
Tax & Compliance Tax Planning R&D Tax Incentive Private Wealth Business Restructuring Corporate and International Tax
ASIC Services Family Business and Succession Planning Cloud Accounting Self Managed Superannuation Bookeeping