When a business is underperforming or directors as part of their risk management strategy wish for a review of their operations, Brooke Bird can assist in formulating, implementing and developing a plan with stakeholders to improve profitability and by identifying risk areas and developing strategies to improve successful outcomes and reduce stress within a business.
Brooke Bird brings to the table business skills and risk management skills that have been honed from over decades of work dealing with insolvent and financially distressed businesses. We do this by:
- examining the business’s current financial position
- identifying the causes of the business’s problems or areas of risk to maintaining a successful business
- assessing the viability of the business
- making recommendations based on the options the business has moving forward.
This process can also provide directors with statutory protection from insolvent trading, known as Safe Harbour.
By working with you as specialist turnaround advisors we allow you to focus on running your business while we focus on fixing it. As our tailored approach takes into the specific needs of your business and industry, we can deal with:
- channel delivery improvements
- operational controls
- cash flow issues
- performance issues
We can also tap into our network of industry or service professionals to ensure that every facet of the businesses recovery can be addressed.
The Partners of Brooke Bird are members of the Australian Restructuring Insolvency & Turnaround Association.
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