Australian business owners and accountants are being told now is the time to conduct a health check on their organisations before the new financial year begins.
Director at Insolvency Australia, Gareth Gammon said as the number of insolvencies began to rise, owners and accountants alike needed to ensure their organisations were in a healthy position.
This financial year has seen the insolvency dam begin to break, which is why EOFY provides a good opportunity to truly assess how your business is going, said Mr Gammon.
Weve spoken with a number of insolvency specialists who have similar advice: its the perfect time to get your house in order.
CEO of CreditorWatch, Patrick Coghlan said a key part of the health check should be focused o…
Read the full article at: https://www.accountantsdaily.com.au/business/18679-now-is-the-time-for-a-business-health-check-says-insolvency-body