If your company is struggling financially, you have three main options available to you: business turnaround, voluntary administration or sale (followed by liquidation or administration).
Topics: Director Advice, Turnaround & Restructuring, Business Debt, small business restructuring
Lodging and paying employees superannuation is a legal requirement for businesses. Despite this, non-payment rates in Australia are high. Here we take a look at exactly what your super requirements are, as well as how unpaid super can hurt you and your business.
Topics: Director Advice, Business Debt
When your company is in financial trouble, deciding on your next move isn't easy. If you're facing insolvency, voluntary administration is one of the options available to you.
Topics: Voluntary Administration, Business Debt
As a business owner, you know when you’re having financial difficulty. You’re falling behind on payments, suppliers are knocking at your door, your stress levels are soaring. However, while you may be aware things need to change, you might not realise just how bad the situation is.
Topics: Director Advice, Business Debt, company insolvency
Not paying your tax debts is more than a business faux pas. Worst case, your company can be wound up and taken out of your hands. Here's everything you need to know about wind up notices, as well as what you can do to prevent your business going under.
Topics: Tax Debt, Director Advice, Business Debt
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