Category: Manufacturing Business
Adequate funding helps facilitate positive change
A business manufacturing components and primarily servicing the mining sector found itself, like so many other businesses in that sector, needing to make dramatic changes if it was going to survive.
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Divesting loss & remaining profitable
A manufacturing business turning over $6 million p.a. needed to undertake a formal restructure after the ATO had commenced proceedings. The company’s core manufacturing business remained profitable, and a formal restructure would allow the business to divest itself of loss-making facets of the business and accrued debts as a result.
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