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Visit our dedicated small business restructuring site for small business owners facing financial distress.
If your business is currently facing financial difficulty, it's important to act with urgency. The Australian Financial Security Authority (AFSA) offers guidance for small business owners facing these challenges. This resource covers recognising your financial position, opening lines of communication with creditors, and understanding the personal stakes involved with business debts. It points to reliable advice sources, ensuring you have the support needed to work through the difficulty.
Further Reading
Title | Short Summary |
|---|---|
Small Business Debt Helpline | A guiding service offering free financial counselling for small businesses in hardship, helping navigate debt and cash flow troubles. |
NSW Small Business Commission Mediation Service | Mediation services for small businesses in financial strain due to disputes, especially within the building and construction industry. |
Is Your Business Experiencing Financial Difficulty? - AFSA | AFSA's guide for small businesses facing financial difficulties, offering direction for debt management and legal responsibilities. |
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