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Rodgers Reidy
Date:
29/12/2023
Author:Rodgers Reidy

The road to recovery: How a small business restructure can save your business

Consider the prospect of revitalising your struggling small business and embarking on a new beginning. A Small business restructure (SBR) can effectively achieve that objective. Financial trouble and insolvency is only one of the many challenges small firms are faced with in the modern economy. Implementing a company restructuring strategy can serve as a viable solution to mitigate  these challenges.

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Rodgers Reidy
Date:
26/12/2023
Author:Rodgers Reidy

Financial Planning for Small Business Owners: Tips and Tools for Success

The success of a small company depends on more than the quality of its products and services. To ensure the success and longevity of your firm, you must also have sound financial planning and management.

Rodgers Reidy
Date:
20/12/2023
Author:Rodgers Reidy

Fraud prevention 101: How forensic accountants can help

Business operations have expanded globally in many industries and while growth is good, it does increase susceptibility to fraud and embezzlement.

Forensic accounting, a subset of accounting and financial advisory, can help in situations where these things may have occurred.

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Rodgers Reidy
Date:
15/12/2023
Author:Rodgers Reidy

Small Business Lodgement Penalty Amnesty

An amnesty is a period of time where the consequences of not following a rule are removed.

If your late lodgements and fear of penalty have been keeping you awake at night, you are in luck, thanks to the small business lodgement penalty amnesty. So far, more than 7,000 Australians have taken advantage of the initiative that was announced as part of the 2023-2024  federal budget.

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Rodgers Reidy
Date:
12/12/2023
Author:Rodgers Reidy

Corporate Advisory Services Are your Friend in Business

There are always going to be challenges and setbacks in business. It’s par for the course, however, the difference between a business birdie and a business bogie is in how you deal with what is happening. It’s about having the ability to see when things are off course and being willing to adapt and correct the path. Even more important perhaps is the willingness to ask for help, take advice, and then act on it.

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Rodgers Reidy
Date:
01/12/2023
Author:Rodgers Reidy

Financial stress, insolvency and the way back

The weight of financial stress is heavy and the emotions involved can be overwhelming. In Australia, insolvency has an unfair stigma attached to it, for reasons that really are unknown, but it possibly stems from a lack of understanding amongst the general public about what insolvency is and what it means. Aiko Wang of Rogers Reidy points out the following observation:

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Rodgers Reidy
Date:
25/10/2023
Author:Rodgers Reidy

Is the PIA coming back into vogue?

With the ATO ramping up its collection activity following the trials and tribulations of the pandemic, the Personal Insolvency Agreement (“PIA”) appears to be returning.

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Rodgers Reidy
Date:
17/10/2023
Author:Rodgers Reidy

Risk Watch Essentials – September 2023

Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for September 2023.

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Rodgers Reidy
Date:
04/09/2023
Author:Rodgers Reidy

Risk Watch Essentials – August 2023

Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for August 2023.

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Rodgers Reidy
Date:
04/08/2023
Author:Rodgers Reidy

Risk Watch Essentials – July 2023

Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for July 2023.

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Rodgers Reidy
Date:
16/06/2023
Author:Rodgers Reidy

Risk Watch Essentials – May 2023

Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for May 2023 including: During the month of May 2023, 28 companies appointed a Restructuring Practitioner out of a population of around 990,000 small companies in Australia.
Rodgers Reidy
Date:
30/05/2023
Author:Rodgers Reidy

What are the benefits of engaging corporate insolvency experts to assist business dealing with financial distress?

Engaging experienced corporate insolvency experts like Rodgers Reidy to deal with businesses dealing with financial distress can bring several benefits. Sometimes, it is about fairness to creditors, but we can help save businesses in many instances.
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Rodgers Reidy
Date:
16/05/2023
Author:Rodgers Reidy

Risk Watch Essentials – April 2023

Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for April 2023. During the month of April 2023, 23 companies appointed a Restructuring Practitioner.
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Rodgers Reidy
Date:
16/05/2023
Author:Rodgers Reidy

What are the Benefits & Consequences of Bankruptcy?

In Australia, bankruptcy, or personal insolvency, is governed by the Bankruptcy Act 1966. Here are some specific considerations for individuals faced with financial distress in Australia who are considering declaring themselves bankrupt.
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Rodgers Reidy
Date:
16/03/2023
Author:Rodgers Reidy

Risk Watch Essentials – February 2023

Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for February 2023.