ABS can provide a sounding base to put things on the table and get an overall picture of where you or your business are at – or both.
Obtaining an independent perspective may consider some pathways or options that are readily apparent to you – such as business sale or merger.
A financial health check might lead you to a “business doctor” – a specialist who can help navigate this journey to transition, or winding up activities in the best manner possible.
As you enter a phase of trading distress, it is important to ensure you have good banking relationships.
Preserving these and being on the front-foot, keeping your financiers in the loop of the challenges and how you are adjusting your strategies to deal with them, can be an important step to navigate through the turbulence.
ABS can assist with this process, or direct you to specialists within this field.