A Small Business Restructure could be the lifeline your business needs.
A Small Business Restructure could be the lifeline your business needs.
Apply for a Small Business Restructure Plan and get your business back on track in just 35 business days^
^35 business days is the government dictated timeline, starting from the date of submission. Pre-submission discovery and discussions are not covered by and may cause the process to exceed stated timeline. *All figures and averages are based off SBR Specialists actual totals and are correct at time of distribution. All numbers are indicative and actual results will vary. SBR Specialists make or imply no guarantee regarding future outcomes.
Apply for a Small Business Restructure Plan and get your business back on
track in just 35 business days^
^35 business days is the government dictated timeline, starting from the date of submission. Pre-submission discovery and discussions are not covered by and may cause the process to exceed stated timeline. *All figures and averages are based off SBR Specialists actual totals and are correct at time of distribution. All numbers are indicative and actual results will vary. SBR Specialists make or imply no guarantee regarding future outcomes.
What is Small Business Restructuring?
A Small Business Restructure is an ATO-led initiative that allows businesses to reduce debts and create a roadmap back to success in only 35 business days.
The Small Business Restructure Process (SBRP) is a government- legislated option for small businesses in Australia that are struggling with cash flow.
It allows business owners to appoint a Small Business Restructuring Practitioner to develop a restructuring plan approved by the ATO and other creditors.
The plan involves debt reduction and other other measures so you can get your business back on track and keep trading.
Small Business Restructuring Benefits
What is Small Business Restructuring?
A Small Business Restructure is an ATO-led initiative that allows businesses to reduce debts and create a roadmap back to success in only 35 business days.
The Small Business Restructure Process (SBRP) is a government- legislated option for small businesses in Australia that are struggling with cash flow.
It allows business owners to appoint a Small Business Restructuring Practitioner to develop a restructuring plan approved by the ATO and other creditors.
The plan involves debt reduction and other other measures so you can get your business back on track and keep trading.
The Benefits
restructure is being finalised
schedules
back to running the business
How Does The Restructuring Process Work?
1. Eligibility
Complete the 1-minute form to see if your business meets the minimum requirements to qualify for a restructure.
2. Consultation
A specialist contacts you to determine if restructuring is viable and suitable for you and your business.
3. Due Diligence
We determine your financial position: accounts, income, liabilities, financial debts and creditors.
4. Appointment
If you qualify and are happy to proceed, you appoint us as your restructuring practitioner. Fees are placed in a trust fund
5. Restructuring
Once appointed, we begin the restructuring process.
How Does The Restructuring Process Work?
1. Eligibility
Complete the 1-minute form to see if your business meets the minimum requirements to qualify for a restructure.
2. Consultation
A specialist contacts you to determine if restructuring is viable and suitable for you and your business.
3. Due Diligence
We determine your financial position: accounts, income, liabilities, financial debts and creditors.
4. Appointment
If you qualify and are happy to proceed, you appoint us as your restructuring practitioner. Fees are placed in a trust fund
5. Restructuring
Once appointed, we begin the restructuring process.
Case Studies
We have a 95% success rate with achieving 80%+ simplified debt reduction
Case Studies
We have a 95% success rate with achieving 80%+ simplified debt reduction
Ready To Get Your Business Back On Track?
Check if your company is eligible for restructuring in 60 seconds.
All inquiries are confidential.
Ready To Get Your Business Back On Track?
Check if your company is eligible for restructuring in 60 seconds.
All inquiries are confidential.
Testimonials
[sbr-testimonial]
Commonly Asked Questions
Typically up to 35 business days – as mandated by the Corporations Act. That is just 7 weeks!
Once a plan is put to creditors, they may vote to accept or reject the plan. They have 15 business days to vote to accept or reject the plan. The restructuring practitioner oversees the voting process and 51% of creditors (based on the amount owed) must agree for the structure to be approved.
Commencement of the restructuring process means affected creditors cannot continue or commence court or other recovery action against the company.
Commonly Asked Questions
Typically up to 35 business days – as mandated by the Corporations Act. That is just 7 weeks!
Once a plan is put to creditors, they may vote to accept or reject the plan. They have 15 business days to vote to accept or reject the plan. The restructuring practitioner oversees the voting process and 51% of creditors (based on the amount owed) must agree for the structure to be approved.
Commencement of the restructuring process means affected creditors cannot continue or commence court or other recovery action against the company.
Small Business Restructuring Specialists
Liability limited by a scheme approved under Professional Standards Legislation.
Small Business Restructuring Specialists
© 2024 SBRS. All rights reserved.
Small Business Restructuring Specialists
Liability limited by a scheme approved under Professional Standards Legislation.
Call for a confidential chat with one of our team.
Available Nationally
Small Business Restructuring Specialists
© 2024 SBRS. All rights reserved.