The SBR process is designed to help small businesses restructure their debts while maintaining control of their operations.

The business appoints a Restructuring Practitioner who helps devise a restructuring plan.

This process provides the following key benefits:

- allows small businesses to restructure without losing control.

- provides a quicker and less costly process compared to traditional insolvency.

This framework aims to provide small businesses with a viable path to recovery while balancing the interests of creditors.

Voluntary Administration is a formal insolvency process for companies facing financial distress such as being the subject of a winding up application.

This process provides an immediate moratorium on creditor actions against the Company and personal guarantees against director/s.

It allows the Voluntary Administrator to make a financial assessment of the Company and provide the director/s or third parties the opportunity to formulate a proposal to put before creditors for their consideration.

It is an effective tool for Company's to restructure financially and move forward with certainty.

In instances were Company's can no longer meet its financial obligations, the appointment of a Liquidator allows for the orderly winding down of the Company's affairs. This includes:

- the wind down of business operations.

- the sale of assets.

- dealing with employee entitlements.

- dealing with creditor enquiries.

- attending to regulatory requirements.

Our service looks to free director/s from the ongoing financial stress and their potential exposure to being personally liable if they continue to trade insolvent and/or are issued Director Penalty Notices from the Australian Taxation Office.