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Why businesses go bad: Warning signs to look for in your key suppliers and clients.

26 Nov 2026
Seminar Theatre 6

That businesses fail is not news - it happens every day.  Last financial year in Australia, nearly 15,000 companies exited the system through insolvency processes.  With average creditor numbers in insolvent windings up exceeding 35 (excluding employees), you are far more likely to be a victim of an insolvent business than to need the services of a liquidator for your own company.

So, why does that matter?  It matters because a failed business leaves a trail of wreckage - bills not paid, projects not completed, products and services not delivered.  At the extreme, it leaves lives ruined, finances in tatters and relationships torn apart.

Wouldn't it be fantastic if someone could help you identify the key markers of an insolvent business for you?  To help you to know when someone you're dealing with is on the verge of insolvency and risking taking you down with them?  To help you understand what you can do to improve your positioning if you are caught up in a winding up?

This seminar will leave you with:

  • A list of key identifiers you can use as a ready-reckoner of how to spot a bad business;
  • Questions to ask to get to the truth behind financial information;
  • Key tasks to undertake before and after engaging with a new client/supplier to protect yourself;
  • Ways to best manage your accounts receivable to avoid recovery risk from liquidators.

This session is not to be missed by anyone in the advisory space - accountants, bookkeepers, business coaches and advisors - as well as credit managers and business owners with diverse client bases looking for ways to reduce the risk of being caught up with businesses that go bad.
 

Speakers
Tony Lane, Director - BEACON ADVISORY PTY LTD