155 – How to Keep Your Business Afloat: Insights on Costs, Cash, and Customers
January 14, 2025
In this episode of The Business Behind Your Business, host Paul Sweeney is joined by Bruce Gleeson, an insolvency expert from Jones Partners. Together, they explore the financial challenges facing SMEs, including rising tax debt, insolvency risks, and the importance of cash flow management. Bruce shares practical strategies for debt relief including how to avoid financial pitfalls, such as understanding costs, managing accounts receivables, and maintaining a clear separation between business and personal finances. The episode highlights actionable insights to help SMEs navigate economic pressures, plan for sustainability, and thrive in challenging times.
Check out these other episodes featuring Bruce Gleeson, plus resources to assist your business:
Ep 116 – Director Penalty Notices & the ATO
Ep 50 – 10 Essential Steps to Take Now if Your Business is in Crisis
Ep 47 – What Should I Be Doing When My Business is Impacted by Crisis?
Ep 10 – Signs You Need to Monitor to Avoid Financial Distress
Get the free guide 10 Crisis Management Steps for Businesses in Financial Distress
Bruce Gleeson is a Director and Owner in Jones Partners, a Firm that provides tailored solutions to companies (particularly small to medium enterprises) and individuals in financial difficulty or that require restructuring assistance, exit planning advice or general strategic advice.
He has in excess of 25 years in corporate insolvency, restructuring, exit planning and bankruptcy experience. Bruce has also held roles in commerce with several Top 100 Companies (James Hardie and AMP) to further add to his professional skills in areas such as compliance and project management.
Bruce is a Registered Liquidator, Registered Trustee in Bankruptcy and a Justice of the Peace (NSW).
https://www.jonespartners.net.au/resources/
https://www.jonespartners.net.au/director-penalty-notices-2/
