Rapsey Griffiths | Insolvency & Advisory are determined to help Hunter businesses survive during these tougher times and have already assisted numerous Hunter businesses restructure their operations.
After launching earlier in the year, the firm has already hit the ground running within the corporate insolvency and personal bankruptcy space.
Their focus is on providing practical, solution-based advice and working with businesses to develop a realistic plan.
Rapsey Griffiths partner Mitch Griffiths said that the team is passionate about working with business owners to take back control of their debt problems and implement practical solutions to salvage businesses that are facing an uncertain future.
“We really want to get the message out that although things may sometimes look grim, generally there are steps business owners can take to ensure their endurance,” Mitch said.
“It's about making sure they don't put their heads in the sand, but instead seek out the expertise of our team.”
After launching earlier in the year, the Rapsey Griffiths team has undertaken voluntary administrations, liquidations and bankruptcies for numerous businesses in the Hunter.
“People shouldn't be afraid of external administration, sometimes it's the best option to allow the business to restructure and save their operation.”
“The downturn in the mining sector has definitely had an impact on the Hunter region, but with a robust survival plan, businesses should be able to navigate these tough times and plan for the future.
Both Mitch and Rapsey Griffiths partner Chad Rapsey have previous experience in large insolvency firms across a wide range of industries and sectors.
Their team includes Registered and Official Liquidators and Registered Trustees in bankruptcy, Chartered Accountants and memberships within the Institute of Chartered Accountants and Insolvency Practioners Association.