If your business is struggling, deciding what to do isn’t easy, especially if you have a small to medium business and are emotionally, as well as financially, invested. To help you make the best decision for yourself, and your company, here’s the main personal risks you could be faced with.
Topics: Director Advice, Turnaround & Restructuring, Business Debt, Business Turnaround
Should directors disclose their outstanding ATO super debts now in anticipation of the law being passed? Or do they hold off until it comes into effect?
Topics: Director Advice, Business Debt
If your business is struggling to pay its debts, you may be experiencing uncertainty about how to fix the problem. This can lead to stress, anxiety and a worsening of the situation. If this sounds like you, a business health check can help.
Topics: Turnaround & Restructuring, Business Debt, Business Turnaround
Australia has just hit the $50 billion mark for our national credit card debt, according to ASIC. In the 2016-17 Financial Year, Australians spent an estimated $621 million on interest and fees, and it’s time that someone stepped in and protected hard working struggling Aussies.
Topics: Debt Relief, Credit Card Debt, Personal Debt
Explore differences between bankruptcy, insolvency, & liquidation in Australia. Learn signs & get guidance from Revive Financial.
Topics: Bankruptcy, Company Liquidation, Director Advice, Business Debt, Liquidation