Small Business Restructure by Rodgers Reidy

The small business world in Australia is littered with statistics around business failures that could easily have been avoided with a little help. The first challenge is, of course, to determine that there is a problem in the first place, and then to understand the magnitude of the problem. Some issues are not so grave as to be leading a small business into insolvency and can be fixed with a little TLC from our sister business TBA Solutions, while others will trigger the formal small business restructuring process. We have a team of registered Small Business Restructuring Practitioners who are experts in assisting businesses that meet the government’s criteria to restructure their businesses. Previously it was hard to formally restructure a small business, but legislative change that came into effect in January 2021 has changed that. We are proud to report that Rodgers Reidy was one of the first firms nationally to complete a successful small business restructure.