Business turnaround

Business turnaround

We work with our clients and their businesses, helping them to identify opportunities to improve or maximise their existing position. 

While we are insolvency practitioners, one of our key focuses is to help turn businesses around. We do this with careful advice, including: 

  • Business recovery
  • Strategic restructuring
  • Refinancing
  • Performance improvement
  • Forecasting
  • Business plan analysis
  • Business governance

 

Insolvency

Sometimes the situation may deteriorate to a point where continued business under the present structure may no longer be viable. In this case options may narrow down to:

  • Voluntary Administration
  • Formal creditor compromise
  • Innovative realisation strategies
  • Liquidations
  • Receivership

It's our role to advise which approach is likely to be best for you and the business, based on your particular circumstances. Once you've decided, our team has the expertise to achieve the effective, efficient and timely implementation of the chosen option.

Services
27 Jul 2020

The Government Business Finance Guarantee Scheme - at the coalface

The Business Finance Guarantee Scheme was effective from 1 April, introduced in response to the COVID-19 economic downturn. While great in theory, when you delve into the detail, it's less useful than might first appear.

23 Jul 2020

The changing landscape for New Zealand business migrants

Andrew Sayers recently joined Baker Tilly Staples Rodway Waikato. In a former role Andrew was Managing Partner and International Liaison Partner of a large Australasian accounting firm.

23 Jun 2020

Strategies to survive a downturn

As we all know, there is significant global economic uncertainty as countries deal with COVID-19, and the steps taken to control it. Most countries are expecting to enter recession, if they are not in one already.

19 Jun 2020

Restructuring and redundancies

Many businesses are facing unprecedented times and have been forced to consider if they can continue to operate in the same manner as before.  

11 May 2020

How businesses survive and thrive after a crisis

As a Business Development Manager, I spend a lot of my time looking to the future and preparing businesses for their future. Well that future has changed dramatically during this year.

07 Apr 2020

COVID 19 Temporary companies act changes announced

On 3 April, the government announced they will be introducing temporary new legislation to help businesses facing insolvency remain viable, with the aim of keeping New Zealanders in jobs.

18 Mar 2020

Building business resilience to coronavirus - what are your options?

Amid the uncertainty created by the coronavirus (COVID-19), including how long the effects will be felt, it’s worthwhile understanding what your options are.

18 Mar 2020

Insolvency Practitioners Regulation Act

The Insolvency Practitioners Regulation Act (the Act) was passed into law in mid-June 2019, bringing with it tighter regulations and standards to help ensure that insolvency practitioners act in the best interests of creditors.

31 Mar 2019

Coming from behind to win

16 Oct 2017

Persistence pays off for award winning family business

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