ABOUT THIS EPISODE
In this episode, Paul Bryan and Tania Gomez are joined by Hank from de Jonge Read, who shares his personal journey of losing a successful tourism business after 9/11, and how that experience led him to spend decades helping business owners navigate financial distress.
The conversation is especially relevant for NDIS and aged care providers, covering early financial warning signs, practical steps to stabilise cash flow, when to seek help, and what a “smart exit” can look like when a business is under pressure.
Episode Highlights:
00:00 Welcome + intro to Hank
01:00 Hank’s story: 9/11 collapse → liquidation + bankruptcy
04:00 Advice gap: insolvency practitioner duty is to creditors
06:00 Early warning signs: BAS/super behind, bill juggling, ATO letters
08:30 First steps: weekly cashflow forecast + act early for more options
11:30 Restructure vs sell vs close: decide based on goals + numbers
14:30 If you’re panicking: stop tipping personal money in, get advice
17:00 “Smart exit” options: controlled sale or small business restructure
20:00 Mindset: you’re not alone; clarity reduces fear
22:00 Contact: free chat + written advice; djra.com.au
Listen via:
Podbean: https://profitablendisprovider.podbean.com/
Apple Podcast: https://apple.co/3UQI0cA
Spotify: https://podcasters.spotify.com/pod/show/the-profitable-ndis
YouTube: @ProfitableNDIS_ProviderPodcast
#NDIS #NDISProviders #NDISBusiness #DisabilityServices #AgedCare #CashFlow #BusinessRestructure #SmallBusiness #ATO #BAS #PAYG #Superannuation #DirectorLiability #BusinessAdvice #BusinessExit #NDISLeadership #NDISOperations #ProfitableNDISProvider #Compliance #SCHADS
