What to Expect During Voluntary Administration

What to Expect During Voluntary Administration

If you’re reading this, you’re probably at a point where things have gotten serious. Creditors are pushing harder, cash flow is becoming a bigger problem, and someone has put voluntary administration on the table. Voluntary administration might sound...
Voluntary Administration vs Liquidation

Voluntary Administration vs Liquidation

If your business is struggling to pay its debts, it can be hard to know what to do next. You may be dealing with creditor pressure, ATO debt, cash flow issues or the fear that the business may not survive. Voluntary administration and liquidation are both formal...
What Happens to Your ATO Debt in Small Business Restructuring

What Happens to Your ATO Debt in Small Business Restructuring

Many business owners reach out to us asking whether their tax obligations can be included in a small business restructure. General debt guides explain your options, but they don’t address the specific treatment of ATO debt within restructuring plans very well....
Can You Keep Trading During Small Business Restructuring

Can You Keep Trading During Small Business Restructuring

One of the first things business owners ask us about the Small Business Restructuring Process (SBRP) is whether they can keep trading. The good news is that yes, you can. In fact, continuing to operate is a central feature of the process.  As your guide to the...
What Happens When Your Small Business Restructure Is Rejected?

What Happens When Your Small Business Restructure Is Rejected?

What Happens When Your Small Business Restructure Is Rejected? While many Small Business Restructuring plans are approved, it’s not guaranteed. The ATO has become more discerning when reviewing proposals, particularly where it is a major creditor. The idea of...