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Supporting you and your business through the COVID-19 Crisis

Facing Company Debts or Insolvency? Know Your Options With A Business Health Check

We can check the vital signs of your business.

Revive Financial receives many requests for tailored and detailed business health assessments, based on your business and its financials. We are pleased to offer a concise assessment and advisory service designed to protect and save you and your business.

At Revive Financial, we understand the urgency of these matters and pride ourselves on being able to adapt quickly to provide the most relevant and up-to-date advice to companies in financial distress.

Revive Financial will provide a solution to your business debt as per the suggestions made in your business health check.

What does a Business Health Check Include?

Our concise assessment process allows us to review your business and its financial situation.

The Business Health Check includes:

  • Initial assessment with Revive Financial’s liquidator
  • Assessment and summary of recent and current financial performance and position
  • Review of business benchmarks and your company’s working capital position
  • Assess applicable indicators of insolvency

Depending on the findings, we may recommend:

  • Turnaround or restructuring with safe harbour protection from insolvent trading
  • Voluntary Administration with a proposal for a Deed of Company Arrangement
  • Voluntary Liquidation
  • Court Liquidation

Business Health Check

Timeframe 1-2 weeks
Cost $495. If applicable, this fee will reduce any future fees for applicable business debt solutions offered by Revive Financial.
Contact Revive Financial Business Debt Specialist.
What You Need to Provide:

We require the following reports to conduct our review. While we can still produce your report without all the information, we may not be able to identify all relevant factors.

  • Last financial statements prepared by an accountant
  • Profit and loss report from accounting software as at current date
  • Balance sheet from accounting software as at current date
  • Copies of recent legal or ATO letters including demands for payment, garnishee notices or director penalty notices
  • ATO portal print-offs – summary page, integrated client account and superannuation account

Once we receive all the required information, we will perform a health assessment on your business. Our professional team will provide a written report including suggestions to resolve your business debts, as well as considering any personal debts you might have. If required, our team can now move on to the advisory phase based on the suggestions made.

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