Safe Harbour for Small Business Directors — How It Works and When to Act
Safe Harbour for Small Business Directors — How It Works and When to Act Many directors assume that the moment insolvency looms, they must immediately appoint an administrator or face personal liability. That’s not true, and understanding why could be the...
Can You Start a Business After Bankruptcy
Yes, but the path forward depends on your specific situation. The Australian market can be tough, and we understand that financial setbacks happen. Bankruptcy doesn’t permanently end your career, though it does create temporary limitations you need to...
What Happens to Employees During a Business Restructure
When a small business enters financial distress, one of the biggest concerns is what happens to employees. As a business owner, you likely might feel a strong sense of responsibility toward your staff. For employees, uncertainty around wages, entitlements and job...
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