SMEs must act now to avoid post-Christmas cashflow crunch
Wednesday, 27 October 2010
Small businesses are being urged to start preparing for the Christmas shutdown period now to avoid traditional post-Christmas cashflow shortages that typically lead to a spike in insolvencies in February.  ...

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Bring companies back from the dead
Friday, 19 March 2010
By the time a financially distressed company requests assistance, many are too far along to help – this is the warning from Michael Fingland of Vantage Performance, an expert in corporate turnaround.  ...

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Manufacturer, health care group and NSW resort in receivership as collapses surge
Wednesday, 03 March 2010
A South Australian manufacturer, a hospital group with operations in New South Wales, Victoria and Queensland and a resort in the Blue Mountains are the latest victims of what insolvency experts are calling a surge in company collapses.  ...

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Don’t get dumped
Tuesday, 23 February 2010
Insolvency expert Michael Fingland of Vantage Performance is getting worried.  ...

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ASIC issues insolvent trading guidelines for directors
Wednesday, 25 November 2009
Directors who are concerned about the financial viability of their business must seek financial advice in order to be given leniency by the Australian Securities and Investments Commission if the company falls into insolvency, an industry expert has warned. ...

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Thousands of SMEs take up tax relief offer from ATO – but the leniency won’t last
Tuesday, 13 October 2009
More than 85,000 small businesses have taken advantage of the Australian Taxation Office's downturn support measures, although experts warn there are signs that the ATO is starting to shift its generous stance.  ...

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Insolvency numbers fall as ATO and lenders go easy on struggling companies
Thursday, 08 October 2009
Experts have warned that a sharp drop in the number of official insolvencies has more to do with the lenient stance taken by the Australian Taxation Office and the banks than any improvement in economic conditions.  ...

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SMEs dodge insolvency thanks to stimulus payments and helpful ATO
Monday, 06 July 2009
Australian SMEs are hanging in there, according to the latest insolvency data. Figures from the Australian Securities and Investment Commission show 829 companies entered external administration in May, compared with 780 last year.  ...

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Insolvency data shows small businesses are still hanging on
Friday, 05 June 2009
The number of companies falling into administration continues to rise sharply in 2009, but insolvency experts say struggling small businesses appear to be hanging on despite the downturn.  ...

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Queensland construction firm survives receivership, 80 jobs saved
Friday, 23 January 2009
Finally, a corporate collapse good-news story. A Queensland concrete company has been successfully pulled out of receivership by turnaround firm Vantage Performance, with 80 jobs saved in the process.  ...

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How to survive insolvency – and prosper
Thursday, 07 August 2008
More businesses are drifting closer to being labelled insolvent, but are nowhere near complete failures – yet. MIKE PRESTON reveals the warning signs and maps a way out of the mire. ...

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10 tips to get people management right in a downturn
Thursday, 22 May 2008
As the economy slows, getting staffing right will make or break your business. MIKE PRESTON explains how to lower staff costs, get rid of the underperformers and protect your stars. ...

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