Restructuring

Businesses

for Success

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Small Business Restructuring

Take our 1 minute eligibility survey

Get Professional Help So Your Business Can Recover

Small Business Restructure

Small business restructuring is the new option available to small businesses in Australia that are struggling with cashflow and avoiding closure.

Introduced in early 2021 by the Corporations Act, the process involves appointing a Small Business Restructuring Practitioner, like SBRS to work with business owners to develop a restructuring plan that is approved by creditors.

The plan involves reducing debt and other measures to help you get back on your feet.

Saving Your Small Business

The ultimate goal is to save the business, and this is done through negotiating with your creditors and the ATO, restructuring debts and payment terms. For many of our clients, this involves negotiating significant reductions in their outstanding debts, including with the ATO.

Once a Small Business Restructuring Practitioner is appointed, the restructuring process can take as little as 35 business days. Debt can become manageable and the business can get back on track.

Government Legislated Business Restructuring in just 7 weeks

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Start The Restructuring Process

The restructuring plan involves a reduction in debt and other measures to help you get back on your feet in just 7 weeks.

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Cash Flow Management

We can improve your cashflow by restructuring your Debt through negotiation with your creditors including the ATO

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Payment Plan Options

Once the restructuring plan has been agreed and accepted. Debt can be managed and the business can carry on trading.

Small Business Restructuring to keep you open

Small Business Restructuring Practitioners

Here Are Our Recent Results

We have been able to help a number of Australian Businesses restructure their business.

Reach Out

Do you need more information or do you want to book an appointment and talk to one of our professionals about your business situation?

Small Business Restructuring Practitioners

Here Are Our Recent Results

We have been able to help a number of Australian Businesses restructure their business.

Reach Out

Do you need more information or do you want to book an appointment and talk to one of our professionals about your business situation?

A Clear Path To Staying Open

Registered Restructuring Practioners

Possible Resolution in 7 weeks

Debt Reduction

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Can I restructure myself?

Under legislation, only a registered Restructuring Practitioner can administer a restructure.

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How long does it take?

Typically up to 35 business days - as mandated by the Corporations Act. Once started we have up to
20 business days to finalise a plan and then follows a 15 business day voting period.
That is just 7 weeks!

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Do creditors have to accept the restructuring plan?

All affected creditors are able to vote on whether to accept a plan. However, once a plan is approved
all eligible creditors must abide by its terms.

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Can creditors take legal action during the restructure process?

Commencement of restructuring process means affected creditors cannot continue or commence
court or other recovery action against the company.

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How much does it cost?