Insolvencies on the rise?
An interesting article came through recently which puts forward the view that there is a high likelihood of a significant rise in insolvencies post-election. In particular, it is considered that the building and construction industry will be hit especially hard. If you wish to read more, please click here
If this is something that is of concern to you with respect to your business, then now is the time to act – and there are positive steps that you can take. Restructuring, working with an external administrator and having a good hard look at your debt position are just some. All are far better than heading down the path to liquidation.
Please feel free to call us on (08) 8941 6355 should you wish to discuss any business issues.