What happens if your business can’t survive?

What happens if your business can't survive?

If your business is unable to survive, there are several potential outcomes and steps you might need to take. The specific path depends on numerous factors, including the severity of your business’s financial difficulties, the legal structure of your business, and your long-term goals.

Our guide for franchises

Our guide for franchises

Running a franchise in Australia is a significant undertaking that combines the independence of running your own business with the support of an established brand. Success in franchising requires careful planning, adherence to proven systems, and a strong commitment to the business. With the right approach, a franchise can be a rewarding and profitable venture.

What is a business turnaround?

What is a business turnaround?

A business turnaround is the first step in getting your business back on track. The turnaround process involves focusing on cash flow, profitability and viability.

Blue letter from the ATO

Getting a blue notice is a reminder from the ATO, don’t ignore them as if you are running late they are there to help you get back on track.

Green letter from the ATO

A city crossing with a semaphore, green light in semaphore

A green letter from the ATO is generally an information notification but don’t ignore the content as there may be things to improve your business.

What is business viability?

What is business viability

Understanding your viability is critical for not just survival but ensuring that your business is able to continue in the short term.

The restructure process

The restructure process

A restructure is customed to your business, it runs through a map to get the best possible outcome. The restructure is to improve your business and achieve viability.

Orange Letter from the ATO

Traffic light and safety

Getting an orange notice is an indicator that it’s time to review your tax situation, don’t let them turn red. Reach out to understand your options.