In today’s economy, many businesses are struggling with low growth, rising costs and the imposition of endless red tape and new rules. Yet there are other factors at play – and many are in the control of business owners.
Analysing your key drivers
Issues related to pricing, productivity, premises, credit terms, invoice policies, debt financing and stock lines can all affect your profitability. Our Business Management team can deliver an independent assessment of the key drivers across your business and provide practical recommendations for changes that will lower costs or increase revenue over the long term.
Helping troubled businesses recover
We offer a number of services to help with business turnaround including:
- Business reviews
- Pre-lending advice
- Investigating accountant’s reports
- Corporate restructuring
- Debt restructuring
- Divestment of business and assets.
Working closely with our tax specialists, we also ensure tax efficient outcomes in any restructure. Our team has substantial experience in this complicated area and has helped many troubled businesses go on to future success.
How Accru can help you
We are always here to help with business turnaround. If you would like to discuss this issue, please contact an Accru business management advisor.
Accru is an award-winning network of Australian accounting firms
“Accru Hobart has supported our business development, due diligence and governance responsibilities for over six years. Our ongoing relationship is a testament to their professionalism, ability to understand our needs and provide specialised, professional support at a competitive rate.”
Our people are naturally experts in their field. With a team of 200 across Australia, you’ll find a myriad of skills to help manage your business and financial challenges.
In medicine, the word profit can garner negative connotations. Often, we see doctors who run practices that make hardly any profit.
Improve your business performance and achieve superior return.
Accru is an award-winning network of independently-owned accounting firms in Australia. We help businesses grow, thrive and generate wealth for their owners…