Can You Start a Business After Bankruptcy

Can You Start a Business After Bankruptcy

Mar 10, 2026

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

What Happens to Employees During a Business Restructure

Mar 9, 2026

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...
What Happens to a Business Owner in Liquidation

What Happens to a Business Owner in Liquidation

Mar 9, 2026

If you’re a business owner facing liquidation, it can feel like everything you’ve built is slipping away. There are questions about your company, your personal assets, and whether you can start again.  At Business Savers, we work with small business owners across...
What Does ‘Strike-Off Action in Progress’ Mean?

What Does ‘Strike-Off Action in Progress’ Mean?

Jan 20, 2026

The Australian Securities and Investments Commission (ASIC) oversees every corporate entity in the country. ASIC maintains a register that all companies and organisations are required to be a part of. Oversight from ASIC ensures that companies and their directors are...