Turnaround and Restructuring

We provide advice, guidance and assistance to company directors in respect of strategies which can be implemented to turnaround a company’s business so that it may trade profitably in the future. This process will commonly involve us reviewing a company’s business with its director and accountant and considering options which may be available to increase a businesses’ revenue or reduce costs, expenses and overheads.

In some circumstances we may also be able to assist businesses in negotiating arrangements which will either allow debts owed to creditors to be paid over time or coming to arrangements with parties to compromise their debts, such as seeking to arrange exit strategies for unnecessary lease or finance arrangements.

Given the nature of insolvency work the staff at Pearce & Heers have a vast experience in identifying and dealing with companies in or facing financial difficulty and strategies which may be implemented to improve performance.

Additionally, Pearce & Heers, often with the assistance of a company’s accountant or solicitor, specialise in reviewing solvent or profitable companies’ circumstances in order to recommend strategies which may be implemented to improve performance, or provide protection to a companies’ directors or other related parties in respect of financial and other risks which may arise should the company experience financial difficulty in the future.

Information and Advice

If you are seeking advice or assistance regarding this matter please contact our Brisbane or Gold Coast office for an initial obligation free consultation.