Go for Broke – not Go Broke!
No, we don’t mean organise a roadtrip to the Hunter Valley either! 🚘 🍇
You’re probably all in when it comes to your small business in order to succeed. Potentially all your funds and selfworth are tied up in your SME, and bravo for your braveness, Just make sure its not foolishness and you know when not to throw good after bad!
If you’ve accidentally missed out a word and it looks like you might be going broke – ask for help right away. Your accountant and bookkeeper can point you in the right direction if you haven’t gone past the point of no return. There are restructuring possibilities, administration or controlled wind downs.
Don’t ignore the problems – they won’t go away, but some of the better options could be taken off the table.
Times are tough, its not failure to ask for help. Its a sensible business decision!
