Australia’s Small Business Restructuring (SBR) scheme aims to assist small businesses that are struggling financially, and enable them to continue to operate. The SBR gives businesses breathing space while a Small Business Restructure Practitioner renegotiates historical debts with the business’ creditors, when those debts are...
When small business owners find themselves in a situation where debt appears insurmountable, they may consider ending their business. Whilst in some circumstances, a business may not be viable in the future, in other cases, a small business may be able to take advantage of...
As any small business owner knows, running a business is a dynamic process. There’s so much going on daily and you’re dealing with the minutiae of running a business, that it can be easy to miss those bigger signs your business is in trouble. But...
