Thursday, November 13, 2008

Good Advice from the Advisor

In these current hard economic times, a new breed of job is in hot demand - the corporate advisor.

What’s the job all about? Well, apparently corporate advisors help companies to restructure debts, organise private equity fundraising and a whole slew of other lifesaving activities for businesses in the red or who need to ‘trim the fat’ and become more ‘lean and mean’.

According to a report by Esther Fung in today’s edition of Today newspaper, even auditors and law firms are expecting an increase in clients, who will need their expertise to handle creditors and also operate more effeciently in the economic slowdown.

Accountants and lawyers… what a lifesaving tag team.