Service overview

Business Recovery & Insolvency

When you have a financial interest in a struggling business, nothing matters more than taking swift action to protect your position. Businesses can find themselves in trouble out of no fault of their own or it may be a result of one of the business units taking the entire organisation over the edge.

How can BDO Kendalls help?

No matter how your business ends up distressed, BDO Kendalls can help make the best of the situation at hand. This may mean restructuring a business to sell or help it trade out of difficulty, or winding it up as quickly as possible in order to minimise further losses. It's our job to ensure that the right approach is adopted and the best outcomes achieved for the benefit of secured and unsecured creditors and stakeholders.

• Formal corporate & personal insolvency services
• Business recovery & turnaround
• Associated services to assist you

Services offered to secure creditors, unsecure creditors and companies or individuals are detailed in the table below.

As insolvency practitioners it is important that we work cooperatively with our regulators to ensure Australia has an effective and efficient insolvency system. It is important that the framework we operate in minimises loss, ensures assets are returned to the marketplace and provides a process to end the spiral of debt.

As recovery and insolvency specialists our goal is to rescue the situation and avoid formal proceedings. We believe it is better to turn a situation around, as financial reconstruction minimises loss - both financial and emotional.

The BDO Kendalls difference…

We focus on early intervention
The best way to protect your interests is to recognise and act on the warning signs at an early stage. The earlier you act, the greater the options. Our business reviews are designed to detect problems before they are too serious and devise solutions.

We're the best advisors for the job
BDO Kendalls' Business Recovery and Insolvency services focus clients across a broad range of industries and sectors and from small to medium enterprise (SME) right through to larger corporate clients. We have the experience and understanding needed to service clients through what is always a unique situation. Your interests and the outcomes you ultimately want to achieve are always our priority.

We're serious about understanding your business
At BDO Kendalls we have researched the drivers of business growth and the causes of failure in the SME sector. This has led to the development of the BDO Kendalls DIAMOND Model of Business Growth©. The model describes the stages most businesses pass through as they grow and highlights the specific risks that must be managed at each stage.

Applying the model helps us identify why a business is in trouble and how (or whether) we can turn it around. We often use our model with financiers to help them assess the credit risk of borrowers and to identify the early warning signs in order to facilitate immediate intervention.