The bushfires and COVID-19 made 2020 a year like no other for many individuals and businesses in Australia, in particular in the greater southern and south coast regions of NSW. In 2021 we expect to see light at the end of the tunnel but not without significant operational and financial challenges. The key to navigating what is likely to be a bumpy economic recovery is to seek appropriate professional advice early in order to keep as many options on the table for salvaging or strengthening your personal financial position or that of your business.
Now more so than ever is the time to ask yourself are you and or your business ready for 2021? Do you need to seek professional advice in order to pull together a plan? We can assist with formal insolvency appointments, restructuring proposals, safe harbour appointments, cash flow reviews, cash flow improvement plans, and independent business reviews.
Please feel free to get in touch with us to arrange an obligation free consultation to discuss your financial situation and how we may be able to assist you in 2021.