Businesses Brought Back From the Brink

Feb 21, 2014

Media Release

14th February 2014, for immediate use

 Businesses Brought Back From Brink of Foreclosure

 

To date, three businesses have been brought back from the brink of foreclosure and another ten are being provided with essential one-on-one assistance to ensure their businesses survive into the future, with healthy cash-flows.

Negotiating with banks, the Australian Taxation Office (ATO) and other financial institutions are part of the assistance offered by Carmel Summers, the BIEDO Business Financial Counsellor.  Carmel can also provide financial analysis, cash-flow projections, record reconstructions, systems management and much more to help businesses move forward after a natural disaster.  

The service is completely confidential, delivered at your home or business, and is free to small businesses and primary producers in the North Burnett, South Burnett and Banana Shire regions due to funding from the Australian Government. 

When asked how the BIEDO Business Financial Counsellor service had helped, one client responded, “How hasn’t it helped? We were made aware of options that we didn’t know existed. We thought that we might be about to lose our business, our home – everything. We are very grateful for the help with our budget, financials and negotiations with the Tax Office.  Carmel is always there to support us in any way she can and we are just so fortunate to have heard about the service right when we needed it.”

“We didn’t know where to turn; we thought we had run out of options.  Now we are feeling hopeful for the future of our business,” were the words of another.  

“We can also help families and individuals access personal counselling for stress and depression because the ongoing effects of natural disasters are not just financial, they are emotional as well,” says BIEDO CEO, Linda Silburn.  “We have an amazing rural counsellor who goes out to properties and businesses and works with families and individuals in a very relaxed and non-threatening way.  This service is also free and confidential; and because he is rural too, he really understands.”

“It is important to remember that even good business and property managers can be overwhelmed by repeated climate events beyond their control,” says Ms Silburn. 

For more information, please phone the BIEDO office on 4169 7851 or email biedoclients@burnett.net.au.

 

ENDS

 

For more information on this Media Release, contact BIEDO Media Officer Amanda Wenck on mobile 0448 462 639 or email biedomedia@burnett.net.au



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