AGP’s Michael Partis sat down with Chinelle Wardle from Wardle Consultancy Services to tackle a topic that doesn’t get enough airtime — what to do when you’re owed money.
“We spend a lot of time helping clients chase overdue invoices,” Michael said, “but what happens while you’re waiting for that cash to come in? You’ve still got bills to pay.”
Chinelle sees this every day. “A lot of business owners get fixated on interest rates dropping by 0.25% and think that will solve their problems. But if your business needs an extra $5,000 a month to survive, that tiny drop doesn’t make much of a difference.”Instead, she urges business owners to act early. “If you’re ignoring letters, arguing at home about money, or feeling completely stressed out — that’s the moment to seek help. Don’t wait until it becomes a legal issue.”
At Wardle Consultancy, Chinelle and her team work with lawyers, accountants, and bespoke lenders to find solutions — from short-term finance to small business restructures — that give businesses breathing room while they wait for overdue invoices to be collected.
Cash flow management isn’t just about getting money in, it’s about planning how it goes out too. Work with a collections partner to recover what’s owed, but also put strategies in place so you can keep operating in the meantime.If you are finding things tough, don’t stick your head in the sand. Look at your entire financial situation, consolidate where it makes sense, and get expert advice before things start to spiral out of your control.
If you’d like to chat about cash flow or debt solutions to get professional, tailored advice, give our team a call on 1300 624 247 or connect with AGP via email contact@assureglobalplus.com.au
Watch the full conversation between Michael & Chinelle:
