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Michael Fingland
News and interviews on Michael Fingland including trends, features, blogs and community conversations from an Australian business perspective.
SMEs must act now to avoid post-Christmas cashflow crunch
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.
Bring companies back from the dead
By the time a financially distressed company requests assistance, many are too far along to help, warns Vantage Performance's Michael Fingland.
Manufacturer, health care group and NSW resort in receivership as collapses surge
Insolvency experts are pointing to a surge in company collapses.
Don’t get dumped
An insolvency specialist is worried that a new wave of SME collapses is about to start. Time to make sure you’re not about to get dumped by your customers.
ASIC issues insolvent trading guidelines for directors
ASIC releases a draft regulatory paper outlining ways for directors to identify whether their businesses are insolvent and what steps to take in order to avoid a business collapse.
Thousands of SMEs take up tax relief offer from ATO – but the leniency won’t last
Experts warn there are signs that the ATO is starting to shift its generous stance on its measures to support struggling SMEs.
Insolvency numbers fall as ATO and lenders go easy on struggling companies
Experts warn the sharp drop in the number of official insolvencies has more to do with the lenient stance taken by the ATO and the banks, than any improvement in economic conditions.
SMEs dodge insolvency thanks to stimulus payments and helpful ATO
Accommodating ATO payment plans coupled with the Government’s stimulus packages have meant many SME’s have avoided insolvency.
Insolvency data shows small businesses are still hanging on
Small businesses are staying out of administration, but experts warn the crunch is coming.
Queensland construction firm survives receivership, 80 jobs saved
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.
How to survive insolvency – and prosper
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.
10 tips to get people management right in a downturn
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.
