Stressed Business Advice

Restructuring & Insolvency - includes Liquidation/Receivership advice

The current economic environment is very challenging for the majority of businesses. Whilst some businesses have found success it is clear that the last two years have been one of cost trimming and rationalisation of operations to fit the new trading market. Statistical information such as the ANZ Small Business Barometer Survey indicate that this scenario fits almost unilaterally across business over the last two years. Inflation and general cost pressure, leading to flat demand are our current isssues.


Restructuring Advice

In light of the above we at Edward Christian & Co believe that there exists an opportunity for business to create a platform for future growth in the new economy. Moving forward the demand boom may have disappeared for the forseable future any business which has adapted itself to perform efficiently in the current market should reasonably expected to outperform other similar businesses which have not become more efficient. Reasons may include:-

1. They understand their core business and critical operating factors

2. The cost base will be minimised, with any increased costs being driven by sales growth

3. Key financial operating ratios will be aligned and monitored via quality business practices and systems

4. Sound financial reporting systems will support the KPI monitoring process

5. Sound governance practice, supported either by boards in larger businesses or via assistance by qualified financial advisors in the smaller business, will provide guidance to you as the business owner in making calculated and justified business decisions. 

It is important for a small business owner to have support and a sounding board to assist them in the decision making process. Being a business owner can be lonely and it is often said that any successful business person is only as good as the people around him.

We are confident that a review of your business operations can lead to margin growth, efficiencies, and cost savings. Edward Christian & Co is experienced in more than just the numbers, our wider commercial experience can benefit you in assessing potential improvements to your business. 

We have access to a range of comprehensive tools to assist us in looking at these areas of improvement and have the confidence to offer a money back guarantee that we can improve your bottom line.

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Liquidation & Receivership Appointment

Being appointed as either a Liquidator or Receiver is an appointment taken in a personal capacity. Eddie Jansen has considerable experience in this area, being appointed as either a Liquidator or Receiver on numerous occasions in both solvent and insolvent situations.

We would be happy to discuss your individual circumstances to assist you in reaching a well considered decision as to the future of your business. Our aim is to work with you and consider all of the practical solutions available to you. We understand the stress and anxiety that these circumstances create and we look to guide you through the process and your obligations.

Having stated this it is important to understand the role of the liquidator/receiver on appointment, and the obligation to act on behalf of creditors/appointers. The obligation to maximise returns to these parties is integral to the role of any liquidator or receiver. The integrity of our appointment and the proper conduct of any liquidation or receivership is paramount to us, and will not be compromised. 

The area of liquidation and receivership work is highly complex, with a detailed list of practical and statutory requirements. Prior to the consideration of any appointment there would be a requirement to discuss individual circumstances.