“…They wrote off 80% of my Banks debts in 60 days !!!! Business is saved from bankruptcy and we can rebuild…”
“…I have never seen anything work so well, they wrote off a 6 figure debt head ache in a couple of months…”
“…This system is life saver for small business…”
“…I thought I would be working into my 90’s but they wrote down thousands in a few short weeks…”
As Seen On
Our team has appeared across Australian media to discuss small business restructuring and the options available to directors managing business debt.
Small Business Restructuring
What Is It and How Does It Work?
Small Business Restructuring (SBR) is a formal process under the
Corporations Act 2001, introduced by the Australian Government to give
eligible small businesses a structured way to manage company debt —
without requiring directors to hand over control of their business.
Unlike voluntary administration, where an external administrator takes
charge, SBR allows directors to remain in control of day-to-day operations
while working with an appointed restructuring practitioner to develop a
plan for creditors.
SBR may be suitable for directors who want to continue trading while
formally addressing outstanding debts, including ATO liabilities,
supplier accounts, and business loans.
Eligibility at a Glance
To access SBR, a company generally needs to meet the following criteria:
-
Currently incorporated as a company (Pty Ltd) -
Total company debts under $1 million (excluding employee entitlements) -
All tax lodgements (BAS, super, income tax) are up to date -
Company and directors have not used SBR within the past 7 years
~35 Business Days
Typical process timeframe from start to finish
Our Process
How It Works
1
Check Your Eligibility
Use our 30-second assessment to see if your business qualifies for Small Business Restructuring.
2
Speak With Our Team
We’ll assess whether restructuring is the right fit for your situation and explain how the process works.
3
Financial Review
We review your accounts, debts, liabilities, and creditor positions to build a clear picture of your financial standing.
4
Engage a Practitioner
Once eligible, you formally appoint a registered restructuring practitioner to manage the process.
5
Restructuring Begins
The formal process commences — a restructuring plan is developed and put to creditors, typically within 35 business days.
A Structured Path Forward
Small Business Restructuring follows a clear, step-by-step process
designed to keep directors informed and in control at every stage.
From the initial eligibility check through to the formal restructuring
plan, each step is structured under the Corporations Act 2001 with
defined timeframes and transparent requirements.