answered
Q: My husband and I are directors of our own construction company. We have reached a point where we are out of out depth with how to measure our progress and be able to see if our business is viable and our debts measureable and managable. We are lost as to what we should do next to get our debts under control. Should we seek advice from a financial planner?..and can't our bank manager help us with this planning?
A: Yes. We have an accountant but we don't really get any business related specific advice. A lot of direction comes from our own ideas & it always seems like we are gambling instead of having a plan that has measurable outcomes. It would be great if we could focus on the construction & not be distracted by a sense of losing control. I'm hoping that if our analytics are all drawn up that things aren't as dire as they seem to be. Outsourcing is where we are at. Thanks for your advice & I'll discuss this with my partner who is hestitant to seek advice as he does not understand the benefits & can only see another expense.
