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...
Our Guide 2026 to ATO Debt Forgiveness

Our Guide 2026 to ATO Debt Forgiveness

Jan 20, 2026

The Australian Taxation Office (ATO) is one of the country’s most powerful creditors. As a government organisation, the ATO also has powers that other creditors don’t. This can put you in an uncomfortable position if you or your company owes taxes. The good news is...
Statutory Demand Notice

Statutory Demand Notice

Jan 20, 2026

If your business is struggling with insolvency, it’s possible that you’ll receive a Statutory Demand Notice from a creditor. Statutory Demand Notices are formal attempts by creditors to recover debts. Receiving a Statutory Demand is a serious matter that can’t be...