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Chris H
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BigBill, post: 183442 wrote:
Hey,
I have a friend who is thinking of changing their Pty Ltd business to another one, but they are worried that they will have to reopen accounts with all of their suppliers (this is quite a job as they have more than 50 suppliers).

I’m sure there is a quicker way to do this. We have all heard of large companies changing their names all the time (buyouts and things like that). I can think of a number of smaller companies doing this in my industry in the last 5 years.

Does anybody out there know what the process is?

I hope you aren’t planning to “Phoenix” this company, I have little time for those sort of practices :(