Are you working with your accountant or insolvency professional to navigate future options? We suggest you also take into account the many non-financial factors that are essential to address to fully understand your future options.
There are vital non-financial aspects that must be considered when assessing suitable recovery options.
We can help clients who are looking at how they may recover from serious financial pressures. We’ll work in tandem with your accountant or insolvency professional to analyse the multitude of non-financial aspects of the business which are an integral part of successfully moving forward.
We understand that while the financial situation is critical to manage correctly, there are many non-financial factors which must also be identified, assessed and planned for, to enable you to manage the business differently into the future.
To take your company forward, continuing to do business the way you have in the past may be unlikely to produce the success you desire in the future.
Important non-financial factors include:
- Management experience and capability
- Assessing revenue streams
- Capacity and productivity level
- Value proposition and market segments
- Effectiveness of marketing/lead generation
- Staff engagement and turnover
- … and more
Business Recovery and Risk Assessment
Through our Business Recovery and Risk Assessment process we work through dozens of business factors to determine the most effective actions you can take with the goal of determining how you should move forward with a business recovery strategy if the financial conditions are suitable.
Caring and confidential
We understand this is a difficult time for clients. It’s not only the business that’s affected – family, staff, personal finances, industry relationships, may all be under pressure.
We’ll help you understand the whole-of-business impact of any financial decisions you are making. In doing so our goal is to give you the insights and the understanding to confidently move forward down whichever path you choose.
We offer a free initial consultation to assess how our services may be of most benefit.