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Back in Business
You’re in uncharted waters
Like many businesses facing challenges in 2020, you’ve done everything you can. Don’t give up. We’ll help get you back on course.
Things have changed
You’ve worked hard to grow your business, but right now, the numbers look impossible. Find out how to adapt and come out stronger.
You need expert advice fast
You’re looking for a trusted partner to guide you through options so you can overcome financial hurdles. We won’t give up until we find your way forward.
Your 4-step recovery plan
Here’s how we work with you to meet your unique needs. The sooner we get started, the better your chances of success.
We consult with you about your situation and concerns. Our initial consultations are FREE and confidential.
We provide options tailored to your needs.
Together, we plan how to get your business back on track or efficiently wrap things up.
We act on your behalf throughout recovery or liquidation for a smooth process.
If you’re getting behind on payments, we can provide advice, reports, and strategies to help get your finances back on track. We’ll negotiate with landlords, banks, financiers, and the ATO to uncover all your options for cashflow management and improving your position. That way, you can make the best decision and move forward for your business, investors, and team.
If you’re not sure whether your company can stay afloat financially, we’ll help you find the best solution. Possible outcomes include:
- Appointing an Administrator to assist your business
- Entering into a Deed of Company Arrangement (DOCA)
- Voluntary administration may give your company the best chance of recovery – and the best possible outcome for all your stakeholders.
Sometimes the best option is to close your business. If we assess your company as no longer viable, we’ll guide you through the business liquidation process, from selling off assets to pay your creditors to winding up the company to minimise losses. Taking action early will give owners and employees the opportunity to move forward as soon as possible.
About your recovery partner
Liquidators registered by ASIC
ARITA Professional members
CA & CPA qualified accountants
40+ staff nationwide
AFR top 100 accounting firm 2017, 2018, 2019, 2020
“A pleasure to work with, efficient and proactive in their approach to all tasks. Transparent with information and very honest each step of the process, with no surprises at the end. I would highly recommend Mackay Goodwin to friends, family and colleagues.”
“[They provide] communication with where everything is at, only do the work that needs to be done and don’t run up costs.”
Back in Business
Security Company Case Study
An 85% reduction in debt gets company through a major trading and cash flow problem. An electronic security company in Brisbane with clients ranging from small boutiques to international mega-corporations within Australia was experiencing difficulty with their cash flow, so Mackay Goodwin stepped in to help.Learn More
Building Developer Case Study
This South Australian builder continues to trade, thanks to a DOCA, restructure and dispute resolution. When an Adelaide building development company found itself in a lengthy and protracted legal dispute over a costly project, it found itself unable to trade out of the heavy losses it had incurred as a result of the deal.Learn More
Earth Moving Company Case Study
75% reduction in tax debt gets this earthmoving company moving again. By the time a Melbourne-based earthmoving company contacted Mackay Goodwin over reducing their accrued debt, they had built up a $280,000 backlog with the Australian Taxation Office (ATO).Learn More