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Visit our dedicated small business restructuring site for small business owners facing financial distress.
The Small Business Debt Helpline is a sanctuary for small business owners weathering financial uncertainty. Established by Financial Counselling Australia with government support, this helpline offers free advice to navigate the tempest of debts and cash flow challenges. Their expert counsellors can guide you on a range of matters from assessing viability to managing repayments and exploring options in case of potential insolvency. It's an anchor of support, helping to steer small businesses towards a sustainable future. For tailored advice, small business owners can initiate contact through their helpline or website.
Further Reading
Title | Short Summary |
|---|---|
ASIC Closing A Small Business | Tailored mental health coaching for small business owners, with free, confidential sessions designed to manage stress through Cognitive Behavioural Therapy. |
NSW Small Business Commission Mediation Service | Support for customers in financial difficulty, offering access to specialised hardship teams within banks. |
ACCC's Debt Collection Guideline for Collectors & Creditors | If you're inclined to explore the intricate details of how bankruptcy intersects with superannuation contributions, then feel free to read the Bankruptcy Legislation Amendment (Superannuation Contributions) Act 2007 SCHEDULE 1-AMENDMENTS RELATING TO SUPERANNUATION CONTRIBUTIONS |
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