Working with Liquidators: Where to Start and What to Expect
When you start a business, you never imagine that you might someday be meeting with liquidators and talking about the possibility of winding up the venture. Unfortunately, not every business prospers. Even under strong leadership, a company can fail—whether due to shifts in the economy or marketplace, overly ambitious expansions or other twists of fate. If your business is in a tight spot and you are thinking about liquidating, Don’t Be Limited can help.
The Importance of a Private Liquidator
Don’t Be Limited is the business name for David Thomas, a private liquidator serving businesses, shareholders and creditors in Auckland, Waikato, Bay of Plenty and throughout New Zealand. He brings experience and objectivity to situations where liquidation is either necessary or a compelling option. From there, he serves numerous vital functions, including:
- A surveyor of the situation: Sometimes, when you are the owner and operator of a business, you are too close to see things objectively—even things as cut-and-dried as debt, credit and cash flow. David can help you survey your financial situation with an impartial eye and judge things accordingly.
- A strong guiding hand: If voluntary liquidation proves to be the right option for your business, David will work closely with you, your shareholders and your creditors to strategise a liquidation plan that is acceptable to all parties.
- A fresh start: Especially if you are closing down a business that you started with your blood, sweat and tears, it can be truly heartbreaking to close that chapter. However, liquidation is also an opportunity to free yourself of the personal stress and financial distress of your business and to start a brand new chapter without those encumbrances. Working with a liquidator provides that opportunity.
What You Can Expect from Don’t Be Limited as Your Liquidator
Appointing Don’t Be Limited and David Thomas as your private liquidator will bring numerous benefits, including:
- A down-to-earth presence in the room: Many businesses assume liquidators are similar to lawyers: detached, uncompassionate and tending to speak with heavy legalise and formality. David is a straight-talking, down-to-earth professional who will provide the honest, candid and easy-to-understand advice that clients need.
- A tendency for outside-the-box thinking: Every liquidation case is different. Some businesses pursue liquidation only to find they have other options for turning things around. Others learn they can (and should) continue to operate as trading businesses even as liquidation proceedings move forward. David’s outside-the-box thinking gives him an unusual ability to see all the possibilities—even where others may assume none exist.
- An affordable start: Unlike some liquidators, we don’t require any upfront or ‘starting’ fee. We focus more on our clients than the money because we know that pricey upfront charges can discourage distressed businesses from pursuing help at all.
Why Customers Should Use Don’t Be Limited
Our brand name implies that we want you to have every option on the table when you decide the future of your business. We genuinely believe in that philosophy and will work hard to help you see and explore possibilities that you may not have realised were there. If your business is in trouble and you are considering liquidation as a possible way out, start by sitting down with David Thomas today. To schedule an appointment with our private liquidator, get in touch.