Welcome to 2026 – and yet another insolvency hits the headlines.This month, Zone RV has gone into liquidation, following the creditors’ meeting.The administrators attributed the collapse to:“Poor financial management and cash control. Internal capability gaps in finance and ongoing leadership changes led to weak decision-making and cost control, among other issues.”It’s a tough reminder that […]
The 25 per cent Trump tariffs imposed on all imported steel and aluminum, including from Australia, is causing another disruption in an already volatile market. The ripple effects of the Trump trade wars imposed on many countries including its allies will be felt far and wide. In addition to higher prices on our exports reducing […]
As a business improvement consultant, some days you have to get down n’ dirty and ‘hands on’ to truly understand the nuts and bolts of your client’s business, to be able to focus on the detail to improve profitability. That was the case for me with family business Samios Tyres and it really paid off. […]
Higher operating expenses + cost of living pressures + aggressive debt crackdowns = insolvency. Latest statistics from the Australian Securities and Investment Commission (ASIC) as reported in The Australian (20/1/25) revealed almost 7,500 insolvencies in the six months to December 2024. That’s a record-breaking 47 percent increase on the previous year, and almost as much as […]
My experience over the past 16 years as CEO of Improcus Business Improvement Specialists, is that regardless of a business experiencing expectational growth or tumbling into a distressed state, the owners, directors and managers of that business are reticent to challenge their financial department. This has created what I call the BLACK BOX SYNDROME. Too […]
One of the symptoms of business failure is the lack of accurate, timely & meaningful financial information.Successful directors, business owners & CEOs insist on regular financial reporting regardless ofbusiness size, which comprises: As we enter a new phase of disruption in our world, the need to be able to forecast the financial outcomes of our […]
Improcus CEO Andrew Walker had the pleasure of joining Gene Tunny on the Economics Explored podcast to delve deep into the realms of business efficiency and the transformative power of unlocking the financial black box! In this episode, they navigated through the intricacies of maximising business potential and discussed strategies to enhance efficiency that every […]
