What is SBR? Navigating financial distress is a daunting challenge for a small business. However, the Small Business Restructuring (SBR) process, established under Part 5.3B of the Corporations Act 2001,... read more →
This article contrasts Voluntary Administration, where control shifts to an independent administrator, with Small Business Restructure, where directors retain control while restructuring the business. VA is suited for larger, more... read more →
Overview For micro and small businesses (less than $1 million in total debts). SBR is a quick, inexpensive and straightforward formal restructure method. SBR allows directors to remain in control... read more →
What is SBR? Small Business Restructuring (SBR) is a process designed to help financially distressed small businesses manage their debts and improve their financial viability. It typically involves creating a... read more →
How Small Businesses Can Benefit from the Small Business Restructuring (SBR) Process Navigating financial difficulties can be challenging for small businesses, especially when dealing with significant tax debts. The Small... read more →
The Small Business Restructuring (SBR) process and pre-pack administrations are two distinct approaches to addressing financial distress in businesses. Understanding their differences can help determine whether SBR serves as a... read more →
Affected clients should consider a Small Business Restructure (SBR). Recent Updates The economic landscape in Australia has tightened, with tax-related debts to ATO now a major factor in insolvencies. On... read more →
What is Small Business Restructuring (SBR)? Small Business Restructuring (SBR) is a process designed to help financially distressed small businesses manage their debts and improve their financial viability. It typically... read more →
Introduction to Small Business Restructuring (SBR) The ATO is commended for its participation as a creditor, and often the only creditor, in restructuring of eligible* small businesses with tax debt... read more →
Small businesses should consider the procedure outlined in Part 5.3B of the Corporations Act 2001 (Cth), known as the Small Business Restructuring Process or SBR. SBR is a game-changing solution... read more →