Small Business Restructuring.

Get back on track with expert Small Business Restructuring (SBR)

Is your small business struggling?

Are you feeling overwhelmed?

Don’t let financial stress sink your business.

Levi Consulting’s experienced team can help you streamline operations, improve cash flow, and achieve sustainable growth.

Small Business Restructuring (SBR) is designed to help financially distressed small businesses manage their debts and improve their financial viability. It typically involves creating a formal plan to reorganise the business’s affairs, debts, and operations to enable it to continue operating and avoid insolvency.

The most significant advantage of SBR is that:

  • The business owner stays in control of the business.
  • There is no interruption to the business operation.
  • The remainder of the debt is extinguished once creditors agree to the plan and a distribution is paid.

SBR is excellent for small businesses in hospitality, construction, and other service industries.

Enquire now about our SBR services
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Our small business restructuring experience.

Clients choose us because of our expertise, connections, and problem-solving focus.

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How SBR works.

Under the Small Business Restructure process in Part 5.3B of the Corporations Act, if your business has debts (like a $200,000 liability to the Australian Taxation Office) and meets specific requirements, you can negotiate a plan to settle your debts.

Here’s how it could work:

  • Eligibility: A few easily achievable requirements include being a small business with debts under $1 million.
  • Restructuring Plan: You create a plan with an SBR Practitioner (like us) to propose to your creditors, which might include offering a smaller amount to settle your debt. For example, you could propose paying $40,000 instead of $200,000.
  • Creditor Approval: Your creditors, including the ATO, must agree to your plan.
  • Debt Relief: If they accept your proposal, the remaining debt will be wiped out, allowing your business to move forward without that financial burden.

This process gives you a second chance to manage your company’s debts and keep your business running into the future.

The Federal Government introduced SBR at the end of COVID-19 to save viable small businesses from failure and allow them to restructure while continuing to trade under your control.

For further information, see our simplified guide on Small Business Restructuring and further news and insights.

Why choose us?

Clients choose us for our expertise, connections, and problem-solving focus. We strive to gain our clients’ trust through our integrity and conduct and always operate with our client’s confidentiality.

Our highly experienced industry practitioners draw from multi-disciplinary expertise to deliver simplified solutions to clients with often complex challenges.

Our senior leaders and subject matter experts leverage technical excellence and innovative approaches to provide high-quality solutions to clients.

Are you ready to breathe new life into your business with our expert Small Business Restructuring Services?

Contact our experienced team today for a free and confidential consultation.

Small business restructuring news & insights.

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Deep<br />
Expertise

Deep
Expertise

Our team has an extensive track record of delivering commercial solutions.

Outcomes<br />
focused

Outcomes
focused

Our experience allows us to rapidly find robust solutions.

 

Extensive<br />
networks

Extensive
networks

Our network of industry stakeholders, partnered professionals and advocates allows us to assemble teams and drive outcomes.

Trust &<br />
confidentiality

Trust &
confidentiality

We forge high levels of trust among clients, partners and industry stakeholders by taking a discrete approach.