For Impact is HLB Mann Judd’s newsletter for the not for profit sector, covering governance, ACNC & cyber security updates.
In recent years, Australian businesses have been hit with a perfect storm of pressures. Additionally, the natural ebb and flow of business means some sectors experience challenges at various times of their life cycle.
The hallmarks of a business requiring restructuring and risk advice are often evident – difficulty paying suppliers, inability to attract and retain staff – or remunerate them appropriately, loss of key contracts, and failure to identify new channels for growth and expansion.
For business owners, engaging with specialists who can independently and objectively assess the structure and performance of a business can have a tangible impact on its future viability. Restructuring & risk advisory professionals can also develop and implement a comprehensive recovery plan, ensuring vastly improved systems and processes as well as build value and trust.
Timing too, is everything. The sooner risks are identified and managed, the higher the likelihood the health of the business can be restored and normal trading resume.
How we help clients
HLB Mann Judd’s experienced team of experts assist business owners and their stakeholders in developing sustained restructuring strategies while mitigating financial, commercial and operational risks.
With the ability to draw on specialists within the firms from our audit, tax, corporate advisory and business services divisions, we offer comprehensive solutions for:
- Debtor assessment and process improvement reviews
- Business performance reviews
- Business continuity planning
- Debt and equity restructuring
- Refinancing options and financial forecasting reviews
- Planning and implementing business restructures and integrations
- Merger and acquisition advice
- Cost reduction and product profitability analysis
- Informal work-out solutions
- Financial and operational risk assessments
- Private equity transactions
- Pre-lending reviews and investigating accounting reports for financiers
- Solvent winding up and distribution of assets
- Solvency, operational and Safe Harbour reviews.