For many business owners, December and January can feel like standing at a crossroads. Some industries - construction, manufacturing, professional services - slow to a halt. Others - retail, hospitality, tourism - hit overdrive. No matter which camp you fall into, the...
One of the toughest conversations I have with business owners is around Director Penalty Notices (DPNs). Most directors don’t realise that company debt can end up on their own shoulders until a letter from the ATO lands in their inbox. If you’re a director, it’s worth...
Over the years, I’ve seen many businesses face extraordinary challenges - some that seem insurmountable at first glance. Recently, I had the opportunity to guide a long-standing hospitality business through a small business restructuring (SBR), and it was a stark...
In today’s fast-moving business world, it’s easy to get swamped by data, but not all numbers are created equal. The real power comes from knowing which numbers matter most, tracking them regularly, and using the insights to make better decisions. That’s why Key...
I’ve been doing this work for a long time now, over three decades. And if there’s one thing I’ve learnt, it’s that no business is bulletproof. Even the best-run companies, with all the right numbers and people in place, can get hit hard when something completely out...
Running a business is never easy, and as accountants, you often see firsthand the early signs when things start to go off track. At AS Advisory, we understand how critical it is to identify financial distress early, not just to save the business, but to ease the...
Australia’s craft beer industry has experienced meteoric growth over the last decade, with the number of boutiques sky-rocketing from around 200 in 2013 to over 600 by 2020.
Introduced in 2021, SBRs allow directors to negotiate debt compromises with creditors under a structured framework.
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