Financial & Business Restructuring Services
Restructuring assistance
Getting Back on Track with Business Restructuring Consultants
When business is not going as planned, it can be hard to know where to turn or what to do next. That’s where Business Fixers comes in. We are business consultants who provide business and financial restructuring assistance throughout Australia.
If you are struggling to make ends meet, if your team is not working well together or if you are constantly putting out fires, it may be time to restructure your business. This can involve changes to the ownership, management, products, services or even the location of the business. Restructuring can be done to improve profitability, reduce costs or adapt to changes in the market. We have a team of knowledgeable consultants who are ready to help you turn your business around.
To find out how we can help you, please call 1300 480 099. We offer free, no-obligation consultations, whether you’re based in Hervey Bay, Bundaberg, the Sunshine Coast or elsewhere in Australia.
Improve their financial performance
Your Restructured Business
There are many reasons why Australian businesses choose to restructure. Some businesses do it to improve their financial performance, while others do it to make the business more efficient or to respond to changes in the market. Whatever the reason, restructuring can be a great way to breathe new life into your business. Our professionals will work with you to understand your requirements and develop strategies which are tailored to your situation. Our restructuring services focus on:
- Streamlining operations
- Achieving sustainable profitability & growth
- Financial cost minimisation through decreasing debt or refinancing
- Asset protection
- Avoiding closing down
Business restructuring is most common for businesses that are facing financial difficulties. It can be a way to help reduce debt, increase efficiency and improve the business’ future prospects. In some cases, it can also help you avoid insolvency. Our professionals at Business Fixers will be happy to discuss your business and help you decide if restructuring is the right option for you. Please get in touch to learn more.
Frequently Asked Questions
How do you check the financial health of a business?
The most effective way to check the financial health of a business is to seek the services of professional business consultants. At Business Fixers, our network of qualified professionals can assess all aspects of your business and provide recommendations for implementation.
Why does a business need to restructure?
Business restructures can be implemented to tackle poor financial performance and profitability. Other reasons to restructure include addressing high operating/labour costs, poor productivity, changing consumer/market conditions and specific financial goals (e.g., increased revenue).
What is the difference between restructure and insolvency?
Insolvency means the business is unable to pay its debts as and when they fall due. Possible causes of business insolvency include poor cash management, excessive expenditure and adverse economic conditions. In contrast, restructuring involves modification of the business to enhance profitability. The key difference is a restructure is a plan to improve a business’ profitability, while insolvency describes a particular state the business is in (unable to pay its debts as they fall due).
What are the different types of restructuring?
The different types of restructuring can include, but not limited to:
- Operational restructuring
- Cost restructuring
- Financial restructuring
- Turnaround restructuring
- Mergers & acquisitions
Help businesses improve their financial position
Financial Restructuring Services
While business restructuring involves making changes to the way the business is organised and operated, financial restructuring involves making changes to the way the business is financed. This can include changes to the mix of debt and equity or the terms of the financing. Financial restructuring can also involve raising new capital or negotiating with creditors to restructure the debt.
Financial restructuring is a process that can help businesses improve their financial position. To see if your business can be restructured, Business Fixers is your first port of call. Get in touch today to book a free consultation.
