Service-Based Businesses encompasses a diverse range of small to medium-sized businesses that collectively employ almost 500,000 workers.
These include repair and maintenance businesses, personal and laundry services, religious, civic and professional organisations and private household services.
Overview
Industry Challenges
Maintaining a stable cash flow continues to be the number one challenge for small to medium-sized Australian businesses.
With pressures on pricing, increased competition and customers becoming increasingly discerning with their purchases, SMEs are being forced to adapt to new ways of doing business.
With access to new technologies and the ability to increase productivity and profitability by adopting new processes, businesses can remain competitive, attract new customers and have access to resources that in the past have been too costly or simply unavailable.
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 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 community services businesses, private household services and repair and maintenance businesses.
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 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 community services businesses, private household services and repair and maintenance businesses.
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 Service Based Business 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,...
