Melbourne: Managing Financial Stress & Restructuring
from Lunch Money Hosted by Hermes Capital
In the Melbourne edition of The Business Dynamism Project, Nick Samios is joined by David Gandolfo and Jeanine Purdie for a practical discussion on financial stress, access to capital, ATO debt, late payments and restructuring. The panel looks at the warning signs businesses and advisers should act on earlier, the role of short-term finance, why business owners often wait too long to seek help, and the importance of understanding the underlying cause of financial pressure before adding more debt. The discussion also covers private credit, business confidence, regulation, collections, preferential payments and the role brokers and advisers play in helping viable businesses find a way forward.
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