Director Duties

Make sure you know your Director Duties
• Insolvent trading occurs when owners allow their businesses to incur debts when it is unlikely that they to they can pay for them
• Liquidators can make directors personally accountable for company debts
• Covid uncertainty means NOW is the time to make sure of your solvency.
Swanson Advisory can help you:
• Cashflow Forecasting to help you manage your upcoming cash obligations
• How to utilise 5 levers to maximise your profitability

To find out more about your director duties please visit ASIC's website  https://asic.gov.au/regulatory-resources/insolvency/insolvency-for-directors/directors-what-are-my-duties-as-a-director/