TRYING TO GET YOUR

BUSINESS OUT OF DEBT?

WE KNOW HOW.

 

Don't fight debt alone or let it control your business.

My Business Path will help you take back control.

 

   

INSTANT CLARITY AND PEACE OF MIND.

Getting out of debt can be a stressful, time-consuming and expensive undertaking that leaves you feeling powerless and forced forced to agree to unmanageable terms. When words like ‘company insolvency’, ‘liquidation’, ‘bankruptcy’ or‘legal action’ are used, you’re likely to be concerned about the future of your business, as well as the good name you’ve made for yourself during your career.

 

 At My Business Path, we're dedicated to providing immediate solutions. We aim to relieve stress in the short term and get you and your business back on track as quickly and painlessly as possible,  protecting your assets in the long-term.

Specialising in liquidation, voluntary administration and business finances, My Business Path is committed to helping you and your business. Where neither of these are an option, we can also help you with our corporate restructure services where, we aim to rebuild your business and protect your financial future.

Our team of professionals advise the best solution for you, whether it be company insolvency or liquidation. For expert advice and services, contact My Business Path today for your free consultation.

FIND OUT HOW MY BUSINESS PATH HELPED THIS INDOOR PLANT SPECIALIST GET BACK ON TRACK.

Over three years our client ran up a debt of over $300,000. The business was still growing but poor business structure represented a major risk to the company, staff and assets and with most clients paying on or after 30 days, the business was chasing over $100,000 worth of outstanding invoices leaving them with inconsistent cash flow.

We started work immediately fixing the cash flow. Next, we created a structure for the business which protected its existing assets against future debt. Finally, we helped them face and overcome the most crushing threat to their business - debt.

See the full case study and get your free download '3 things to implement right NOW to protect your business'.

 

WE'LL HELP YOU WORK OUT WHERE TO START.

 

Between the stress, frustration and lack of sleep, it may seem like an extraordinary task to pick up the pieces and get your business' finances back on track.

 

Whilst prevention is always better than a cure, getting your business back on track can be as simple as taking these three steps to secure your business’ financial future:

1. Identify the cause

It may be inconsistent cashflow, poor company structure, or crippling debts but, in order to find a solution, we must first identify the problem.

2. Improve cash flow

The sooner funds are available to continue operating the business in a sustainable way, the sooner you are able to start paying off creditors.

3. Reduce debt

Once the problem has been addressed and the cashflow is consistent, you can start to reduce the amount of debt in your business and get back on track.

With increasing pressure from your business partners, employees and even your family, it's often hard to determine the most effective long-term and short-term course of action for your business. In fact, difficult decisions are often made without forward-planning, as the pressure and the expenses of mounting debt may force your hand.

 

At My Business Path, we've put together an expert panel of professional services to assist directors, creditors and individuals like yourself, to explore your options. From corporate restructure, to company insolvency, we create a personally tailored solution and strategy to rapidly respond to financial crises. The earlier you put these strategies in place, the more rapidly you’ll be in control of your finances and the more effective the outcome will be for you and your business.

Here’s what our clients say about us

“My Business Path was a really excellent source of advice and guidance when our startup was going under. It was really disappointing to find ourselves looking at closing our doors when we’d only just gotten started, but the team at My Business Path got us back on our feet, restructured in a way that has set us up for success. Incredible, long-lasting partnership – couldn’t have done it without them and they’re definitely on the speed dial for any rocky times ahead!”

Dorian

“Andrew explained everything to us in detail and in terms so we could understand. He guided us and explained how he was going to help us with our financial problems. Andrew also took the time to provide additional information as required to ensure we can make an informed decision. We were always updated when needed & response to emails & phone calls was very quick… He delivered a fantastic result, enabling to ease the financial pressure our business and my family was under.”

Flora

Start taking steps to take back control today with a free consultation.

Simply enter your name, email and phone number and one of our friendly, financial experts at My Business Path will get straight back to you.

Ready to take control of your business finances?

Corporate Restructure

restructure

This involves reorganising the internal structure of a company to match its present or future needs. This also aims to reduce tension between stakeholders and debtors and address any debt repayments.

 

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Personal Asset Protection

assets

A fundamental consideration for any business owner, personal asset protection is best implemented before your assets are threatened. However, we can help protect your assets at any stage.

 

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Voluntary Administration

administration

When a company is no longer considered as 'solvent', voluntary administration is an option that satisfies both the creditors and helps to determine the future course of action for the business.

 

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Voluntary Liquidation

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Sometimes the only remaining option is to break a company down and re-distribute its assets. Less intimidating than it sounds, voluntary liquidation can be a relatively pain-free method of repaying creditors.

 

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LEARN MORE ABOUT HOW WE'VE HELPED REAL BUSINESSES JUST LIKE YOURS TAKE BACK CONTROL.

gyprock-case-study

Find out how we helped this small gyprocking company pay off over $160,000 to creditors and keep their business.

FIND OUT HOW

See how we helped this labour hire company reduce their debt of over $1.4m by 84%.

SEE HOW

Learn how we helped this independent supermarket pay off $1m of debt and protect their assets.

LEARN HOW

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