OTHER SERVICES

Critical Supplier Health Check

It is critical to protect your supply chain from the failure of an essential supplier.

In 2009, over 12,000 Australian companies failed, causing loss not just to their creditors, but also to their customers whose supply chains were put at risk.

So, if your clients have any concerns over your suppliers, require contingency plans to ensure your supply chain, or are concerned about your suppliers’ ability to meet your growing demand, talk to us. Our network of professional contacts can assist you with providing your clients with the right advice in relation to reducing the risk of supplier failure by:

  • Identifying key risk areas within your supply chain
  • Developing risk mitigation schemes and contingency plans.

Corporate Structure Simplification

Simplifying the Corporate structure will help reduce your client’s hidden costs and allow staff more time to focus on value-added work of the business.

  • At the end of 2009 there were 1.7 million companies incorporated in Australia, many of which are redundant.
  • Larger corporate clients may have complicated structures resulting from out of date tax arrangements and/or mergers & acquisitions.
  • On average, a dormant company costs an organisation $16,000 per year to maintain, owing to administrative costs, compliance costs and other associated problem management.

If your client has an overly complex structure, has recently entered into a tax consolidation structure, has made recent sales or acquisition of assets or are preparing for an Initial Public Offering, Cor Cordis and our network of professional contacts can assist you with providing your clients with the right advice and most suitable corporate structure to solve this all too common problem.