Insolvency Blog Provides Expert Business Advice - BWA

BRYAN'S BLOG

Key Business Statistics

Business failure is an accepted consequence of entrepreneurs being active. It is also normal for failures to occur during a recession, when the economy contracts. 

But what of an abnormal event such as the COVID-19 crisis? What will the future look like? How can viable businesses defeat the effects of...

BUSINESS RESCUE USING VOLUNTARY ADMINISTRATION

We saved four businesses last year. A plumber in Napier, a retailer in Havelock North, an engineering firm in Auckland and a mechanical engineering firm in Fiji. All businesses were facing liquidation, but all now have a solid future. There is still more work to be done but at least they’re on their way and...

The VA Model

The objective of the Voluntary Administration model is defined as being able to see whether, or not, the Company, or the business, can continue in existence...