112: Why Good Businesses Still Run Out of Cash with Stephen Hundy

Tax debt isn't the problem. It's the symptom.

That's the line that sums up this conversation with insolvency and business recovery specialist Stephen Hundy, who has spent almost 30 years sitting across the table from business owners on their worst day.

What he's learned in that time isn't really about tax at all. It's about the small, quiet decisions that pile up long before anyone calls it a crisis.

The tradie who's brilliant at the work but never built the systems behind it. The bank account that slowly starts doubling as a personal wallet. The warning signs that get explained away instead of acted on. Stephen and Tim get into all of it, including a lead response stat that might make you rethink how fast you're actually following up on new business.

If you've ever had that nagging feeling that something in your business isn't quite right, but you're not sure whether it's serious, this episode gives you a clear, no drama way to find out.

The businesses that thrive aren't the ones that never hit trouble. They're the ones that catch it early and act.

WHAT YOU'LL DISCOVER IN THIS EPISODE:

02:17 – Why skilled tradies and consultants end up in business trouble, and what to put in place from day one to avoid it04:09 – One of the most expensive habits a business can have, and how payday super has changed the game07:10 – Warning signs that separate a normal quiet patch from a business heading for real trouble09:50 – How to spot whether your accountant is actually protecting you or just ticking a compliance box11:37 – The simple habit that keeps you disciplined and actually knowing if your business is making money12:57 – The hidden root cause behind businesses that fail16:31 – How recovery experts decide whether a struggling business is worth restructuring or should be wound up19:25 – The lead response speed stat that could be costing you clients without you even realising it23:09 – What financially healthy, well-run businesses consistently do differently25:30 – The first move to make if something already feels off

Get in touch with STEPHEN HUNDY

Website: https://worrells.net.au/

LinkedIn: https://www.linkedin.com/in/stephenhundy/

CONNECT WITH FIND TIM HYDE