Professional Advisors

Who We Help

We all face challenges. It’s how you deal with them that matters.

The journey towards a broken business or entity is an exhausting path, one that can be charged with emotion and disappointment and we understand the bonds formed between the client and the business advisor can run deep with history.

When you come to Worrells, we’ll respect this relationship and take care of the people involved, in parallel with dispensing expert turnaround and insolvency advice.

Who we help

Professional Advisors

The insolvent client’s level of dependence on their professional advisor is often both misunderstood and understated. Commonly it is the client’s accountant or solicitor, individually or in collaboration, that have the onerous task of discovering and demonstrating the true financial position.

That's why we're here

An informed advisor is an indispensable advisor

As a dedicated professional, we appreciate you’re always looking out for your clients. Professional advisors connect with people who are confronted with financial problems every day. In those moments, advisors need credible and helpful answers to insolvency challenges, as and when they happen. We know that advisors are expected to promptly ‘zone in’ on the crux of a technical question or quandary, relevant to a client’s circumstances. We know advisors are expected to have ‘the big picture’ and traverse the series of questions that flow: as one question is answered, another is uncovered. We know the perturbed, emotionally charged energy that can sometimes flow between client and advisor as each party look to each other in search for answers and understanding.

Unpack situations

Together, we’ll unpack client situations with you, together with your client, or directly with your client.

Future-proof & add value

We’ll show how to future-proof and add value to your client relationships.

Knowledge sharers

By sharing our knowledge, we aim to remove the mess of stress from misconceptions and lack of understanding.

Right problems at the right time

Solving the right problems at the right time can be the difference between a business surviving or failing.

Experts with empathy

Our people know how to turn a business around and straighten out a deteriorating personal financial situation, who understand insolvency at the deepest level and are always keen to find the right answers. But importantly, our people have the care factor for those affected by the insolvency situation.

Save the business

Continue to drive economic sustainability and growth. Protect jobs, support businesses, stakeholders, and landlords. Keep contributing to industry and community.

When we can help

Knowing when to make the call for help

Insolvency sets up large practical and emotional hurdles to those facing the challenge for the first time. This is true of the professional advisor guiding their client, it’s true for the director facing the loss of a company and it’s true for each individual contemplating the possible loss of much that they have worked long and hard for.

The insolvent client’s level of dependence on their professional advisor is often both misunderstood and understated. It is the client’s accountant or solicitor, or perhaps both working together, who commonly has the onerous task of discovering and demonstrating the true financial position. Frequently they must persuade the client that specialist insolvency help is necessary, and it is they who must find and nominate a suitable insolvency practitioner who they trust to work with.

6 client questions to uncover business distress

1. How is the business going generally? Are you happy with it?
2. Any problems with the landlord lately?
3. How are things with employees? Any unexpected turnover?
4. Are you making sure you are paying yourself?
5. When was the last holiday?
6. How are things at home?

Early intervention matters

The sooner you seek options, the more you’ll have.

Initial advice is complimentary
Totally confidential
Without obligation

Talk With Us

Resources

We’re knowledge sharers

Get the latest news and insights from the Worrells team.

Business structures

How your clients can effectively and securely fund employee entitlements

31 Aug 2022

Business structures

Employees v contractors—where are we at?

29 Jul 2022

Business structures

A win on transparency on companies and a director ID update

28 Jul 2022

People’s stories behind insolvencies

27 May 2022

The Worrells Guide

Guides to Insolvency: Personal & Corporate

Our Guides to Insolvency are not intended to be read from cover to cover.

It’s here as a reference to get the answers when particular questions arise either to support the decision-making process, get the reassurance your client needs, or to empower different outcomes during the course of an administration.

Each topic is set out in a question and answer format and is explained in non technical terms, yet has sufficient detail to allow advisors to gain a broad understanding of insolvency concepts and practice.

When, ultimately, it’s determined the client needs to engage Worrells to assist them, we always find Worrells to be the right balance of doing their job independently and objectively, but still treating the client with respect, care, and consideration. We highly recommend Worrells and we are happy (despite the unhappy circumstances) to refer our clients to Worrells when they need the insolvency experts to navigate out of financial stress.

Affinitas Accountants

Brisbane

Professional Advisors

The insolvent client’s level of dependence on their professional advisor is often both misunderstood and understated. Commonly it is the client’s accountant or solicitor, individually or in collaboration, that have the onerous task of discovering and demonstrating the true financial position.