top of page
Visit our dedicated small business restructuring site for small business owners facing financial distress.
For many small businesses, managing debt can be a real challenge. AFSA's 'Dealing with Debt' explains your debts and the potential consequences of not addressing financial obligations, along with strategies for managing them. It also covers amendments to the Bankruptcy Act, helping businesses understand their options when facing financial difficulty.
Further Reading
Title | Short Summary |
|---|---|
Beyond Blue - New Access for Small Business Owners | Tailored mental health coaching for small business owners, with free, confidential sessions designed to manage stress through Cognitive Behavioural Therapy. |
ASIC Closing A Small Business | Guidance for winding up companies and trusts, covering voluntary and ASIC-initiated deregistration, plus when to seek professional advice if your business is insolvent. |
ACCC's Debt Collection Guideline for Collectors & Creditors | This joint ACCC and ASIC guideline sets out how consumer protection laws apply to debt collection in Australia. It covers enforcement responsibilities, key definitions, and the rights and obligations of both collectors and creditors. A practical reference for anyone involved in managing or recovering debts. |
bottom of page