Guarantee Your Earnings in FY2026!

If you’ve been in business lately you may have noticed that liquidations are on the rise in the past few years. Businesses going under seems to be the new norm in the Australian economy and navigating this can be extremely difficult.

Even in the last few months we have been assisting our hard working and genuine clients who are trying to do the right thing only to be bombarded by out-of-the-blue liquidations. Unfortunately the age of trusting a companies or persons word is no longer here and we want to provide options and methods that you can put in place to avoid this as much as possible.

Sometimes you can’t see it coming and this can have serious ramifications for your cash flow and business security and growth.

Service Agreements

To protect yourself and your business it is important to have as water tight contracts and service agreements as possible.

If you currently do not have any contract or service agreement in place we would highly recommend getting some legal advice and setting these up so that you are supplying services to your clients under clear and specified terms. Speak to us to discuss your options.

Setting the expectations and clear guidelines for what services are being supplied, what’s excluded and importantly what the payment terms are is vital.

Book a free consultation today to discuss with us how you can secure your services.

Director’s Guarantees

While not suitable for all businesses or business models a Director’s Guarantee or Personal Guarantee can be a very effective implementation into protecting your business:

• An additional agreement on top of the service agreement that means the Director personally takes guarantee liability of any debts that the company incurs.
• Ask yourself – is winning the project worth the risk?
• Do your background checks into the company/business/people that you are going to work with.
• If they do not want to sign it (which is a common principle for a lot of Director’s and for genuine reason at times) then assess this further. What is the reason for not wanting to sign this?
• Are there other projects that are more in line with your risk appetite at the moment that you could focus on?

Answering all of the above key questions will do wonders for you in determining if this business relationship is the right one for you.

Know Who Your Client Is

One of the most under-rated methods and tools for guaranteeing your earnings this financial year.

Talk to us today if you are considering a new business relationship and want us to conduct a review of the company that you are considering working with/supplying services to.

We can take a background look into the company on your behalf to understand more fully if this is a business relationship that is the right fit for you!

How Can We Help?

If you have found yourself in a situation where you are unsure of your best options we are only too delighted to see how we can help.

Thankfully, we are used to the situation never being the same and we are ready to deal with what you have to throw at us. If you are unsure if you have done all you can to protect yourself or chase up an unpaid invoice, give us a call. We will be happy to discuss and give you some thoughts on your specific situation both in how to protect yourself and how to help get out of a difficult situation!