14 September 2008

Welcome to Thoughts of a Corporate Undertaker

Corporate Undertakers more politely known as liquidators realise company assets once a company has entered into liquidation. I have been involved in restructuring and streamlining companies with turnovers of $50,000 through to tens of billions of dollars. In this blog I will share with you many lessons I have learnt from these liquidations and reorganisations that can help your business.

Liquidating companies is not as simple and as straight forward like the name would suggest. The part of the job that has given me insight to the causes of success and failure is that when we wind up the affairs of company we are required to investigate the causes of business failure.
The investigation shows why companies have failed and all to often how the directors of the company contributed to the companies failure. Their contribution to failure can be either through direct actions and misuse of company assets or caused by their inactions and failure to implement change as the company evolves.

I will be posting blogs that explore how to check your companies health, how to keep it health and what to do if its not looking healthy.

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