Is Your Business in Financial Distress? A Short Diagnostic Guide

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Financial distress, a short diagnostic guide

If your business is under pressure, a questionnaire can help organise your thinking. But it should not replace a proper review of the numbers, creditor position and director risk.

Questions to ask now

  • Are ATO, supplier or lender arrears growing?
  • Are lodgements up to date?
  • Are wages, superannuation or GST becoming harder to meet?
  • Are you relying on personal funds to keep trading?
  • Are creditor calls or payment demands affecting daily decisions?
  • Do you know whether the business can trade through the next 13 weeks?

What to do next

If several of these are true, do not wait for a broken questionnaire or a forced deadline. Start with a confidential conversation and work out what matters first.

Need a clear next step?

If this sounds close to what is happening in your business, start with a confidential conversation. We’ll help you work out what matters first.

Request a confidential call

or call 07 2143 6020

Free. Confidential. No obligation.

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