Small Business
Finding trusted Small Business Restructuring Specialists to guide your SBR plan is critical to improving approval chances and protecting your business for years to come.
Finding trusted Small Business Restructuring Specialists to guide your SBR plan is critical to improving approval chances and protecting your business for years to come.
If your business faces financial pressure and you're considering SBR, choosing the right restructuring specialist can mean the difference between a turnaround and closing the doors.
We’ve worked with Australian small business owners facing ATO debt, payroll stress, and no clear way forward and know that the right advice is the first step to recovery.
To help you make an informed decision, here’s what to look for in a small business restructuring specialist, and why your choice matters for your business’s future.
Small Business Restructuring (SBR) is an alternative to voluntary administration that allows viable businesses tackle unpayable debt without losing control of the company. But not every plan gets approved — and poor advice can derail your chance at stability.
According to ASIC, there were around 3,000 SBR appointments in 2024–25 — up from 448 two years earlier. But as more businesses turn to restructuring, outcomes are becoming harder to secure: approval rates have fallen from 88% to 79%.
In most cases, the tax office is the main creditor — and it won’t support a weak proposal. Choosing the right specialist is essential; a skilled SBR practitioner knows what the ATO looks for in an SBR plan, increasing your chances of approval.
Only a registered liquidator can act as a restructuring practitioner. This is a legal requirement.
If someone offers to help with your company restructuring but isn’t registered with ASIC, they are not qualified to do so.
Choose someone who knows your industry. mySBR has worked with hospitality, construction, retail, trades, and professional services businesses — sectors where cash flow and ATO debt are common.
Our team has experience with a variety of SBR cases. We’ve helped a restaurant complete a payment plan in one month, and a plumbing business return 30 cents on the dollar over one year. Your plan is tailored to your company and debt situation.
See our case studies for more details, or talk to us about your situation.
You can’t propose a restructuring plan to creditors until all staff entitlements are paid and ATO paperwork is lodged. A good practitioner checks this before recommending SBR.
mySBR checks eligibility upfront and only proceeds if every legal requirement is met. That’s why our eligibility rate is 100%.
SBR practitioners must offer a fixed fee for the plan and creditor process. Hourly rates or unclear costs are red flags.
The small business restructuring process is tight: 20 business days to submit your plan, 15 for creditors to decide. Your practitioner should explain this to you and keep you ahead of every deadline.
You need clear answers and quick responses. If they’re slow now, don’t expect it to get better once you’re a client.
The best practitioners support you, your accountant, and your lawyer throughout, offering clarity and empathy at every step of the SBR process.
If you’re in financial distress and considering SBR, the right specialist is crucial. Choose someone registered, proven, proactive, and transparent to help save your business.
That’s just what mySBR delivers. We’ve helped owners across Australia avoid liquidation, cut debt, and move forward while they remain in control.
Book a confidential chat to see if SBR is right for your situation. Take the first step toward financial stability now.
Not ready to take the next step just yet? Subscribe to the SALEA Advisory mailing list for the latest updates on Small Business Restructuring, helpful resources, and news to support your business through financial challenges.
Take the first step toward a stronger future for your company. Contact us today.
We help small business owners move through short-term financial pressure with a clear plan and practical support — so they can protect what they’ve built and look ahead to a promising future.
Book your free consultation to determine if our Small Business Restructuring services are right for your company.
Email us at [email protected]
or call us at 1800 311 901
