Most SME valuations in Australia use the Capitalisation of Future Maintainable Earnings method. It's simple, practical, and widely accepted. But small judgement calls about “maintainable” earnings, and the multiple can easily move value by 30–50%.

A valuation is only as good as the assumptions underneath it. Knowing which assumptions to challenge, and how, is what turns a thick report into actionable advice.

A fractional CFO is an experienced Chief Financial Officer who works with your business on a part-time, project, or retainer basis rather than as a permanent employee. They bring the same strategic thinking, financial discipline, and decision support as a full-time CFO, but you pay only for the time and expertise you actually need, which at your development phase might not be full time.

This article outlines the general process involved in a PIA and the risks associated specifically with the Controlling Trustee endorsing offers with insignificant returns to creditors.

PIA’s are governed by Part X of the Bankruptcy Act 1966 …

When private businesses or trusts are involved in a family law dispute, the right business valuation can be the difference between a smooth resolution and a drawn-out conflict …

As a company director, your role goes beyond oversight - you are responsible for safeguarding and growing the value of the business…

When ownership interests in a legal practice changes hands, stamp duty can become a key consideration. In Queensland, the Queensland Revenue Office requires the value of “goodwill” and other dutiable property …

In the dynamic business landscape in Australia, legal expertise is essential for navigating regulatory requirements, protecting assets, and resolving disputes. Whether you're a startup, a growing enterprise, or an established corporation …

The Corporations Act 2001 plays a crucial role in regulating business activity in Australia. One of its key functions is to prevent fraudulent or unfair business practices …

WCT Advisory is thrilled to announce the expansion of our capabilities with the merger of the former Bentleys QLD Advisory Team, led by Tracy Knight, as of 1 November 2024 …

A voidable transaction is a transfer of property or assets owned by the debtor to a third party that causes detriment to creditors. By voiding these transactions, a Trustee can recover assets that would otherwise have been available to creditors …

There is no strict definition of what informal restructuring is, however, quite simply it is the process of turning around the financial results of a business …

WCT Advisory is a specialist financial advisory firm primarily concentrating on advising company directors and business owners when facing financial distress, as well as undertaking formal insolvency appointments …