Small Business Restructuring: Your Path to Financial Recovery
Get your struggling business back on track with this ATO-led initiative. Reduce debts and create a success roadmap in just 35 business days.
What is Small Business Restructuring?
The Small Business Restructure (SBR) process is a government-legislated lifeline for struggling Australian small businesses.
It allows you to appoint a Restructuring Practitioner to develop a plan approved by the ATO and creditors.
How the Process Works
Appointment
You appoint a Small Business Restructuring Practitioner to assess your situation.
Plan Development
Together, you create a restructuring plan to reduce debts and establish payment schedules.
Approval
The ATO and other creditors vote on your plan. With approval, you begin implementation.
Key Benefits for Business Owners
ATO Lead Legislation
Government-legislated program endorsed by the ATO. No questionable debt schemes or risky arrangements.
Maintain Control
Directors remain in control of day-to-day operations. You keep running your business throughout the process.
Fast Process
Complete the entire restructuring in just 35 business days. Return to normal operations quickly.
Financial Relief for Your Business
Debt Reduction
Negotiate with creditors to reduce outstanding debts to manageable levels.
Payment Flexibility
Establish reasonable payment schedules that align with your cash flow capabilities.
Protection During Restructuring
The moment you enter the SBR, a protective shield activates around your business.
This protection gives you breathing room to focus on developing your restructuring plan.
Business Continuity Advantages
Continue Trading
Keep your doors open and continue serving customers throughout the restructuring process.
Retain Staff
Maintain your valuable team members, preserving their jobs and your operational capabilities.
Future Growth
Create a foundation for sustainable business growth once debts are under control.
Creditor Relations
Rebuild trust with suppliers and creditors through a transparent, regulated process.
Ready to Restructure Your Business?
Don't let financial struggles define your business story. Take the first step toward recovery today.
Our team of registered Small Business Restructuring Practitioners can guide you through every step of the process.