Company Directors sometimes may be unaware of their statutory obligations under the Corporations Act regarding the financial management of their company, particularly in circumstances where it may be insolvent or likely to become insolvent. The situation can get worse when corrective action is not taken within the required timeframe. Failure to do can expose you to needless financial risk which may sometimes be easily avoided.
Companies entering a cycle of financial distress often consider several other avenues or solutions before getting professional advice from qualified and registered insolvency specialists. Often with disastrous results. That’s why it’s important to seek the advice of experts with demonstrated results in helping other businesses emerge from financial crisis.
There are many types of external administration to consider when evaluating the best option for the company and stakeholders. Jones Partners has a depth of experience in all types of corporate insolvency as well as bankruptcy and we are in a position to take control and help you navigate through the financial crisis.
Here are many of the options which may be available to you through corporate financial advisory services:
So call us now on +61 2 9251 5222 or click here to arrange an obligation free discussion and we’ll help fast-track an assessment of your position and the “right options”.
Level 13, 189 Kent Street
SYDNEY NSW 2000
P: 61 2 9251 5222
F: 61 2 9247 5911
Suite 301, Level 3 – 4 Columbia Court
Nexus Building, Norwest Business Park
BAULKHAM HILLS NSW 2153
P: 61 2 9894 9966
Studio 2, Shops 10-11
38 Exchange Parade
NARELLAN NSW 2567
P: 61 2 4647 7468
Helping individuals, directors and business owners effectively deal with financial distress and a focus on the future.