The Small Business Restructuring Process

Just follow our 5 Easy Steps. And remember, ours is a No Obligation, Free Service:

Make contact with us

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We can arrange either a virtual or Face to Face meeting. The Association has members in most areas of Australia.

Provide us with the Basics

Provide us with the Basic Information about your business, and we’ll be in touch. Take a look at our Small Business page for the details about Small Business Restructuring and see our FAQ

Your Information is Safe and Confidential

All information provided by you is strictly confidential, and held on a no obligation basis and in accordance with our Privacy Policy.

We analyse your business situation

We carefully and fully analyse your situation. Once complete, we provide you with a free business viability health review and plan.

We explain your Options

We provide you with options and agree a road map for your business to survive, recover and prosper.

FIXED FEES

Our Guarantee to all Business owners who use our members' services -

“Fixed fees means no surprises, just results”

How long is the SBR process?

Our Small Business Restructuring Timeline explains

Qualifying

The business owner can appoint a Small Business Restructuring Practitioner if:

the business is insolvent, or likely to become insolvent
has creditors less than $1 million
has up-to-date tax lodgements
has up-to-date employee entitlements.

Day 1

The Small Business Restructuring Practitioner provides guidance and insures all creditors are notified.

Guidance

The Small Business Restructuring Practitioner is appointed and starts to develop a plan alongside the business owner.

By Day 20

The plan is produced and provided to creditors for consideration.

Creditors can take no further action during this period.

Creditors Decide

The creditors have 15 days to decide if they accept the plan.

Resolution

If the plan is accepted by the majority of creditors, then the business continues with the support of the key suppliers.

Small Business Restructuring Practitioner

WE HELP SMALL BUSINESS

SURVIVE • RECOVER • PROSPER