Bruce Gleeson recently sat down with Mark Bouris from Mentored and discussed the Melissa Caddick Ponzi scheme and provided some tips to help individuals not being caught up in investment scams. He also discussed the current economic conditions and reasons why small to medium sized businesses get into financial distress and what they should do if they find themselves in this situation.
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The unfortunate truth is that 80% of businesses that go into liquidation, are small businesses.
Right now, entrepreneurs are battling the rising cost of doing business, on top of the rising cost of living in their personal situations. So what is one to do when it all gets overwhelming?
Bruce Gleeson has helped individuals and SMEs for over 25 years with advice, restructuring, crisis management and tips on dealing with the anxiety of financial stress. He’s also taking care of Sydney’s biggest fraud case – in this case, liquidating the assets of Melissa Caddick’s estate.
Bruce knows his stuff, and this week, he joins me on The Mentor to talk through managing financial stress including how to ‘compartmentalise’ the issues, and how to determine options for your small businesses.
There’s a lot of value to be had out of this chat, listen now through the links below or wherever you get your podcasts.
Listen on Spotify:
https://spoti.fi/3J9s2EN
Listen on Apple Podcasts:
https://apple.co/3lbVJxe
