top of page

Welcome

 Welcome to Abbott Adams Solvency Guardians

 

We thank you for taking the time to find out more about us and to discover how we can help you move forward to a more secure financial future.

​

At your initial consultation, which is entirely at our expense, we explore how we can work together to help you.

​

If you decide to use our services we offer a range of standard payment options and can produce tailored packages to suit your needs if required.

​

What are you looking for?

​

Please take a moment to ask yourself these questions :

​

  • What would you expect from a First Class Solvency Consultant?

​

  • Why is that important to you?

​

  • What would it mean to you to get that level of service?

​

  • What things have you valued in the past when dealing with a financial consultant?

​

  • What things have frustrated you in the past when dealing with a Solvency consultant?

​

  • If you have used a different financial consultant in the past what prompts you now to talk us about your future financial objectives.

​

What we offer to Clients.

Today, there is a vast amount of financial information widely available to us all, both through conventional media and new technology. As Solvency Consultants we help you manage this information overload and distil what is relevant and personally applicable to you.

​

A truly Personalised Service.

At our Client meetings, we develop an understanding of your current situation, identify your key objectives, and advise you of the options available to help you achieve them.

 

At your request, we can implement a solution to achieve your business and life goals, solving pressing problems, and removing any worries or concerns.

​

Our Goals

Our Primary goal is to provide value to our clients.

 

We achieve this by building meaningful long-term relationships, by creatively presenting choices for your consideration, and finally by professionally carrying out any agreed plans.

​

At Abbott Adams Solvency Guardians we implement solutions designed to deliver a culture of continuous improvement, high productivity and sustainable growth.

​

To achieve this we conduct strategic reviews to identify area of underperformance and then assist management with executing strategies to improve profitability and enhance enterprise value.

​

​

Picturemmm8.png

Abbott Adams Solvency Guardians deliver Strategies for enhancing the wealth and success of our clients.

​

We have an array  of services that include Wealth Management, Mentoring & Coaching, Business Turnaround, Asset Protection, Accounting and Legal Services.

 

Key Benefits to your Business:

​

We work closely with management to:

  • Clearly define Management strategy.

  • Instil a culture of continuous improvement, innovation and implement business growth strategies to improve earnings and cash flow.

  • Identify methods to improve business productivity

  • Improve employee morale and communication 

  • Produce achievable financial forecasts and Business plans.

​

Our Service include:​

  • Strategic Reviews

  • Working Capital Optimisation

  • Business Planning

  • Growth Strategies

  • Business Productivity Improvement

  • Change Management

  • Continuous Improvement

  • ERP and MRP Optimisation

  • Supply Chain Management

  • Business Intelligence

  • Board Advisory

  • Finance Division Optimisation

  • Business Transformation

  • Costs Reduction

  • Plant and Equipment utilisation and CAPEX planning

  • Risk Management

  • Stakeholder Management

​

​

5 Reasons Why Businesses Fail

 The 5 Reasons Why Businesses Fail.

​

This will no doubt spark some interest in Business Owners that we often inform about upcoming court matters and that are struggling right now.

 

No matter what industry you’re in, everybody is feeling the pinch, it’s our responsibility to help Business Owner, turn things around. This also includes us educating you in areas that might feel foreign to you, this only could make a huge difference to your business we assure you it helps you moving forward.

​

Our research and assistance provided to client over the last 30 years is the reason we now need to inform the business community of the 5 Reasons Why Businesses Fail.

 

Please read the below notes and for a more in-depth discussion of each of the 5 points, and if you have any questions or concerns, particularly if you identify with 1 or more of these points, please get in touch with Abbott Adams Solvency Guardians to see how we can assist your business.

 

Here are the 5 Reasons Why Businesses Fail:

​

#1  Not having an active relationship with your Accountant or Solicitor/ lack of business advise.

Most business owners do not have an active relationship with professional people that can advise them long before there are problems, their accounting records are not up to date, and therefore they simply shoot from the hip or rely on what’s in the bank and ignoring trading terms with creditors.

There are many legal obligations Business Owners are never told about when they start a business. The best way to protect yourself is to have a relationship with a qualified Advisor to help you run your business, particularly one that understands solvency when it comes to you taking on new financial commitments and opportunities.
 

#2  Not understanding how your Accounting Software works.

Our business statistics clearly shows that most Business Owners struggle to read their balance sheets and within the profit loss are not claiming all the benefits they are entitled to. It’s also essential that Business Owners know how to produce managements report, thus allowing them to interpret their Profit and Loss Statement, as well as learn to recognise the key indicators that the business is struggling. Failing to plan is a plan to fail.
 

#3  Being ‘the Operator’ vs ‘the Business Owner’.

The Founder of a business is generally highly skilled and enjoys doing what he does, unfortunately that does not make you a good Business Owner.

 

As the business grows you need to manage inventory, people, financial and legal obligations, particularly as a Director. These skills you need to acquire and are things we teach you, because ignorance isn’t a legal defence if your liquidated or sued.

 #4  Having a lack of systems and processes in your business.

We have acted for many Defendant Directors and Small business proprietors in the Corporate and Family Courts on a Daily basis for protecting Businesses Owners interests that initially didn’t know they were being sued or wound up. 

 

The Abbott Adams Due Diligence & Intelligence division  issues Daily alerts to those we find in daily National Federal and Supreme Court records whereby we issue timely alert to imminent Insolvency proceedings, many of our Clients were initially unaware.

 

How does that happen simple their registered office is either at accountants’ office or at an address they don’t use any more or failed to update ASIC records.

 

When it comes to defending them we find they run their business on an ad hoc basis, (robbing peter to pay paul!) they manage their cash flow and accounting systems, on a do it when I need to, this leads to insolvent trading and is first step towards  insolvency, if that is you then you require urgent assistance!

 

At all levels of your business, planning is essential.
 

#5  Not having a formal system to understand and create consistent cash flow.

As Advisors and from experience its important you understand, your obligations and that you must ensure that your business is trading solvent (keeping in mind that if your in a payment plan with anyone then you are considered insolvent, simply because you cannot pay your bills when they fall due).

 

You must also keep in mind that GST, PAYGE AND SUPA are all debts personal to the Director and or business owner, therefore you must comply with your legal obligations or risk losing personal assets and credibility.

 

Contact us if you wish for help dealing with Statutory Demands or Insolvency proceedings.

 

​

bottom of page