Any decision to implement an action plan to save cash is likely to adversely affect many stakeholders. The decisions need to be communicated with clarity such that the rationale and impact is clearly understood. Solutions to the consequences of the action need to be...
An experienced Insolvency Practitioner stated a few crises ago that there are no new ways to go broke. It happens the same way every time – you run out of cash. Accordingly “Cash Is King”. Nearly, all the problems you will face will be that the business is...
There are two telling graphics which highlight the position we are all now facing. The first is a high level summary of the ASX Index over the past 33 years since Black Monday in 1987. The steep fall in value is likely to continue. The other is the so-called Fear...
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