Collectively employing more than 1.3 million workers, the Manufacturing & Wholesale Trade sector is represented by a diverse range of occupations including structural steel and welding trades workers, metal fitters and machinists, production managers, food and drink factory workers, purchasing and supply logistics clerks, store persons and sales representatives.
The largest employment sectors are Food Product Manufacturing and Machinery & Equipment Manufacturing, accounting for more than 25% of all employees.
Overview
Industry Challenges
Key ongoing concerns for manufacturers include high energy input prices with electricity up more than 90% and gas up 48% over the decade, placing significant pressure on margins and cash flow.
Global competition has also reduced overall demand with imports and online sources a key threat to the sustainability of Australian manufacturers.
Workforce development presents another key challenge for Manufacturing and Wholesale Trade businesses with skill shortages an ongoing concern, forcing many to focus on business capabilities, innovation and digitalisation.
Our Experience
SV Partners has developed an in-depth understanding of specific requirements and business operations having undertaken many appointments of varying difficulties across the Manufacturing & Wholesale Trade sector.
We recognise that specialist knowledge and skills are required when dealing with businesses that are facing financial difficulties, stress or insolvency.
Our previous engagements have been varied and include safety equipment manufacturers, food packaging manufacturers, liquor wholesalers, commercial food equipment wholesalers and more.
Our Experience
SV Partners has developed an in-depth understanding of specific requirements and business operations having undertaken many appointments of varying difficulties across the Manufacturing & Wholesale Trade sector.
We recognise that specialist knowledge and skills are required when dealing with businesses that are facing financial difficulties, stress or insolvency.
Our previous engagements have been varied and include safety equipment manufacturers, food packaging manufacturers, liquor wholesalers, commercial food equipment wholesalers and more.
How can we help?
Our industry experience has allowed us to develop expert skills and apply them across small and large scale matters across the sector.
We work collaboratively with business owners to assess the main concerns and priorities given the current situation and take a measured approach in our evaluation. We make sure to consider individual circumstances and all contributing factors and discuss options for moving forward.
We are well placed to assist with all Manufacturing and Wholesale Trade matters. In addition to our metro offices, we maintain a strong regional focus in South Australia, Queensland and New South Wales with offices in Adelaide, Mackay, Rockhampton, Sunshine Coast, Toowoomba, Gold Coast, Wollongong, Newcastle, Dubbo and Tamworth.
Are you concerned about your financial position?
Contact us now for an obligation free consultation on
1800 246 801
Case Study - Debt settlement with a bank
Late last year we were approached by a 63-year old lady who presented with the following ‘financial symptoms’: Assets Liabilities 50% interest in a vacant block – $25,000 Bank debt (unsecured) – $215,000 Motor vehicle – $5,000 Superannuation – $100,000 Income (self-employed) – $50,000 p.a. The debtor’s main income-producing activity from 2002 until 2009 was buying and selling properties. She encountered financial difficulty during the GFC which, as we know,...
