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Take a breath

Providing your small business with the space to breathe. Work with our experts on devising a plan to get your business out of financial trouble and back on track.

Turnaround Efficiently

Due to the efficient processes, Small Business Restructuring terms are simplified.

Cost-effective Approach

A Small Business Restructuring plan drawn up by experts will help you get more favourable terms with creditors, costing your business less time and money.

About your recovery partner

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    Finalists, Fastest
    Growing Firm
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    Accounting Firms
  • CA and CPA
    Qualified
    Accountants
  • National Team
  • ASIC Registered
    Liquidators
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    Professional
    Members
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Very knowledge and professional. A pleasure to deal with

- Robert Grul

What is a Small Business Restructure?

A simplified debt restructuring process, small business restructuring lets directors remain in the driver’s seat. It offers a lifeline to businesses facing financial difficulties with a structured approach to improving a company’s operational efficiency and financial health while being able to continue trading. Tailored for businesses facing financial challenges yet having viable business models, a small business restructure is an efficient solution for resolving financial distress.

A small business restructure is a cost-efficient alternative to voluntary administration, aimed at simplifying operations and debt management while preserving resources and business continuity. The process is managed with the guidance of a Small Business Restructuring Practitioner (SBRP). The SBRP expertly crafts a Restructuring Plan that details the methods for managing debts and altering operations to achieve profitability.

Early engagement with a qualified SBRP can effectively streamline your operations and financial strategies, preserving employment and avoiding drastic measures such as liquidation.

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Small Business Restructure in Melbourne

Experiencing financial difficulties can be daunting for any business owner, especially when your hard work, passion project, and the wellbeing of your team are at risk. Get back on the front foot with a small business restructure in Melbourne. Navigate complexities with clarity with our experts in insolvency, restructuring, and turnaround. Making the right decision at the right moment can set your business back on track.

These are the moments Mackay Goodwin is made for.

Small Business Restructuring in Melbourne: Act Now for a Stronger Tomorrow

There’s no time like the present to prepare for tomorrow. If financial strains are starting to emerge, acting swiftly and reaching out now can provide more diverse solutions and better outcomes.

Engaging with our innovative team for a small business restructuring in Melbourne at the onset of financial signs can help avert more significant crises, allowing your business to adapt and strengthen strategically. Our tailored strategies ensure you receive the guidance needed to overcome financial challenges effectively and with clear direction, preventing drastic measures such as liquidation or bankruptcy.

Why We’re the Standout Choice for a Small Business Restructure in Melbourne?

Experienced Team & Tailored Solutions

We’re in the business of resolution. Our team, comprising industry-leading experts specialising in company restructures and corporate turnaround, accomplishes this with sharp focus and determination. Qualified and experienced across various sectors, our advisors bring a depth of knowledge that translates into practical, effective solutions.

Far from a ‘one size fits all’, we bring a tailored approach to oursmall business restructuring Melbourne-wide. Our strategies are designed to help your business recover while fostering long-term growth and stability.

Comprehensive Plans

We implement effective strategies within our small business restructuring for Melbourne businesses. Our team addresses the root of financial problems without disrupting your operations. We handle everything with care, thoughtfulness, and expertise—from negotiating with creditors to managing corporate debt restructuring.

From your first consultation through to the completion of the restructuring process, we make sure every decision is informed by solid data and aligns with your confidence. Our comprehensive support ensures the best outcomes for your business:

  • Negotiation and Mediation: We skillfully negotiate with creditors to secure terms for effective financial recovery.
  • Turnaround Expertise: Our approaches are crafted to drive operational efficiency and financial stability.

Our proficiency spans beyond small business restructuring in Melbourne. With an agile team, we are adept at drafting deeds of company arrangement and addressing director penalty notices.

Proactive Strategies, Sustainable Success

Our sole aim is to achieve the best outcomes for your business, preparing you for sustained success. With strategies fine-tuned to optimise your operations, we reduce expenses and enhance cash flow to secure your company’s financial vitality.

Experience a seamless small business restructuring in Melbourne as our experts navigate complex legal frameworks, ensuring full compliance at every turn. Progress is driven by decisive action, and our team consistently demonstrates initiative. Complete with in-depth expertise, insightful data, and innovative approaches, we are committed to offering intelligent and proactive solutions.

Responsive Communication

We maintain open communication channels and provide prompt updates to ensure clarity and remove uncertainties.

Our team prioritises communicating with you transparently throughout your small business restructuring in Melbourne. Feel at ease with consistent, detailed updates on the progress of the restructuring process. Our dedicated team is always available to answer your questions and assist you in making smart decisions.

Proven Strategies for Recovery

Our track record speaks for itself, with numerous businesses having returned to profitability thanks to our expertise and dedication. 

We have a portfolio of successful small business restructures Melbourne-wide and across Australia. Our expert team of advisors handle all phases of recovery with precision and care, crafting strategies for improved financial health.

Key experts in small
business restructure
process

Our small business restructuring solution isn’t just reactive, it is proactive. We don’t only help you deal with current financial risks, but we carefully analyse your business processes and help you identify potential problem areas that need attention. We support you, your firm, and your employees as we chart a way forward together.

Innovative Small Business Restructures Melbourne-Wide

A small business restructure in Melbourne allows directors to stay in control, backed by the expertise of a Small Business Restructuring Practitioner (SBRP). Suitable for businesses with liabilities under $1 million, it strengthens your business’s operational and financial framework. A more cost-effective solution than entering voluntary administration, it offers an opportunity to renegotiate debts and restructure operations, providing clarity, control and certainty.

Guided by an SBRP, the small business restructuring process in Melbourne involves crafting a detailed plan. This plan lays out how the business will handle its financial debts and implement improvements to return to profitability. It can include negotiating with creditors and reorienting business models to align with current economic conditions.

Take the First Step Today: Transform Your Business’s Future

Don’t let financial setbacks determine the fate of your business. With Mackay Goodwin’s expertise in small business restructuring in Melbourne, you have a partner ready to assist you in navigating through these tough times. By acting now, you safeguard your business, preserve jobs, and maintain essential operations that many depend on.

Reach out to us immediately to explore how we can help you stabilise and improve your business’s financial outlook. Set your business on a path to recovery and growth with Mackay Goodwin, where we empower Australian businesses to get on the front foot and achieve better outcomes in key moments.

Reduce your financial distress

Retain control

Stay in control of the company while undergoing the restructuring process.

Reduce legal action by creditors

Creditors are unable to seek repayments if the company is in a small business restructure.

Solve your Director Penalty Notice (DPN)

Small Business Restructure offers as a solution to ensuring you are not personally liable for the company’s debt.

Take a breath

Providing you with the space to breathe. Work with key experts on devising a plan to get the business back on track.

Turnaround efficiently

Due to the simplified processes, Small Business Restructure creates outcomes in a shorter period than formal insolvency solutions.

Cost-effective solution

Experience reduced costs with a Small Business Restructure.

Is my company eligible for a
Small Business Restructure?

If you find yourself ticking all the boxes, get in contact with us today

Don’t meet the criteria?

Your debt relief options may include:

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    Guide to Small Business Restructure

    Read More
    Read Time
    7 minutes

    Small Business Restructure in Melbourne – FAQs

    If your business experiences consistent cash flow issues, is facing overwhelming creditor pressure, or urgent tax obligations, it might be time to consider a small business restructuring in Melbourne. This strategic and cost-effective approach provides an opportunity to secure your business’s future and improve financial stability, all while you remain in the driver’s seat.

    For a productive initial consultation on a small business restructure in Melbourne, gather all relevant financial documents, a list of creditors, recent business statements, and any current business plans or forecasts. Our team will thoroughly review your current business condition and develop fresh, innovative ideas to set you back on track.

    A successful small business restructuring for Melbourne companies can yield several positive outcomes. This includes reducing debt, renegotiating payment terms, and improving cash flow. The greatest advantage is that your business can continue operating and steer clear of insolvency.

    If your business doesn’t fit the criteria for a small business restructure in Melbourne, there are other debt relief options available. This ranges from voluntary administration to simplified liquidation or creditors’ voluntary liquidation. Get in touch with our team to explore the best option for your situation and desired outcomes.

    We've helped businesses just like yours

    Reducing debt levels by 85%, back to profitability

    An electronic security company in Brisbane with clients ranging from small boutiques to international mega-corporations within Australia was experiencing difficulty with their cash flow, so Mackay Goodwin stepped in to help. An 85% reduction in debt got the company through a major trading and cash flow problem.

    Turnaround legal expenses into a positive

    When an Adelaide building development corporation found itself in a lengthy and protracted legal dispute over a costly project, it found itself unable to trade out the heavy losses it had incurred as a result of the deal. Thanks to a DOCA, restructuring and dispute resolution managed by Mackay Goodwin, the corporation continues to trade today.

    A 75% reduction in debt levels saw Melbourne-based company thrive again

    When a Melbourne-based earthmoving firm managed to contact Mackay Goodwin over their financial difficulties, they had built up a $280,000 backlog with the Australian Taxation Office (ATO). Thanks to the advice and actionable solutions of our experts, the firm saw A 75% reduction in tax debt, and it got this earthmoving corporation moving again.

    Meet the people in our team

    At Mackay Goodwin, we have a nationwide team ready to assist you. Our team of qualified professionals, including ASIC registered liquidators are experts at finding solutions for people facing financial difficulties. Located across all major Australian cities, we’re ready to help you in any situation.

    Gavin King

    Director, ASIC Registered Liquidator & AFSA Registered Bankruptcy Trustee

    Sydney

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    Mitch Ball

    Chief of Insolvency Operations & ASIC registered Liquidator

    Sydney

    Read More

    Caitlin McAuliffe

    Analyst

    Brisbane

    Read More

    Gavin King

    Director, ASIC Registered Liquidator & AFSA Registered Bankruptcy Trustee

    Sydney

    Read More

    Mitch Ball

    Chief of Insolvency Operations & ASIC registered Liquidator

    Sydney

    Read More

    Caitlin McAuliffe

    Analyst

    Brisbane

    Read More
    All People
    All People

    Get in touch

    Speak to one of our experts now for a free consultation.
    Enter your details below or call 1300 750 599.

    x

    Get in touch

    Speak to one of our experts now for a free consultation.
    Enter your details below or call 1300 750 599.