In business, getting the right advice from qualified experts is critical. According to chartered accountant Alice Ruhe, shortcuts can lead to disaster for both the business and those involved.
In this podcast, Alice and I discuss the importance of knowing exactly what’s going on in your business, especially when it comes to numbers and the story they tell not just about your enterprise but that of your competitors.
Three key areas we cover in this conversation include:
- Why it is important to use qualified advisers.
- Why early intervention is important.
- Why having meaningful and up to date books and records is important to a company’s success.
Alice Ruhe has practised in the Insolvency and Corporate Recovery Industry for almost 20 years and is a Registered Trustee in Bankruptcy, and Liquidator.
Alice is a member of both Chartered Accountants Australia & New Zealand (CAAANZ) and the Australian Restructuring, Insolvency and Turnaround Association (ARITA) and has experience in all forms of corporate and personal insolvency administrations.
Alice believes that in most instances early diagnosis and accurate prognosis can foster the best results. All too often, good businesses go by the wayside because the early signs of potential distress have been ignored, or worse, have not been identified at all.