About Us
Each year in Australia it becomes more complicated and cumbersome to operate a small business.
Constant legislative developments place greater financial and reporting responsibilities upon directors, and more often we are seeing businesses fall into financial difficulties as a result.
More concerning is that in many cases, the company directors are not even aware their firm has been spiralling downward and falling victim to this strict reporting regime.
Often by the time the true exposure is identified the only remaining option is insolvency and, in many cases, substantial personal liabilities being imposed on directors, thereby exposing family homes and other assets.
At Collins Wentworth, we understand that many company directors, whilst skilled technicians in their field, simply don’t have the time to keep abreast of this additional exposure and responsibility.
As such they don’t realise there are many options and solutions to problems that initially seem insurmountable and that losing your livelihood and/or businesses goodwill can generally be avoided.
Collins Wentworth is a business consulting group established to get you through these difficult times with a focus on moving forward afterward.
What We Do
Following an initial cost-free consultation; we will work with you to develop and implement a risk management strategy that will achieve this.
Worried about losing your home or business?
Our passion is helping people suffering severe financial difficulties. We genuinely want to help and are available whenever you need to talk.
Recent Posts
Get help early: Insolvency probe reveals that small businesses leaving it too late to seek professional advice
Small businesses experiencing financial distress are leaving it too late to seek professional advice, industry professionals have told the Insolvency Practices Inquiry.[i] In October 2019, [...]
Causes of Business Failure: Early warning signs to look out for
Released in December 2019 and summarised in the below chart, the Australian Securities and Investments Commission (“ASIC”) insolvency statistics disclosed various causes of business [...]
Closing Down a Business: Which Option Should You Choose?
When a solvent company ceases to trade actively, its director confronts the big question of what to do with the company structure. Should it [...]


