News Articles
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.
Informal restructuring & the ATO: Bridging the gap
A telecommunications infrastructure company turning over $20 million p.a. was in the process of informally restructuring and re-focusing of its business by selling off the smaller of its two divisions. The need to do this came about as a result of pending action by the ATO for debt that had accrued when management had lost their way dividing their attention on essentially two different businesses.
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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