Debt Solutions for companies

• Liquidation is a formal process used to bring a company to an orderly close when it can no longer pay its debts. When a business goes into liquidation, its operations cease (unless the liquidator decides to trade for a short period), and a registered liquidator is appointed to take control of the company.
• The liquidator’s role is to collect and sell company assets, distribute the proceeds to creditors in the correct legal order, investigate the company’s affairs, and then deregister the company.
• While liquidation is often seen as a last resort, it can also be the most practical way to finalise debts, avoid further trading losses, and bring closure for directors and creditors alike.
• It is important for directors to consider liquidation to avoid trading whilst insolvent. 

Key Benefits of Liquidation

• Stops Creditor Pressure
  Once liquidation begins, creditors are no longer able to chase the company for unpaid debts or start legal proceedings.
• Brings Closure and Certainty
  Liquidation draws a clear line under the business, ending ongoing trading losses and removing the stress of mounting liabilities.
• Independent Oversight
  A registered liquidator manages the entire process, ensuring assets are realised and creditors are treated fairly and in line with the law.
• Potential to Reduce Director Risk
  Prompt action can help directors avoid personal liability for insolvent trading and meet their obligations under the Corporations Act.
• Allows Employees to Access Entitlements
  Eligible employees can claim outstanding entitlements through the Fair Entitlements Guarantee (FEG) scheme, if the company cannot pay them.

When facing the prospect of liquidation, it helps to have an experienced team on your side. Here’s how we support you:

• Clear, Personalised Advice
  We’ll walk you through your options, whether liquidation is the right step or whether other pathways like restructuring or voluntary administration might be available.
• Step-by-Step Guidance
  From preparing the necessary resolutions to appointing a liquidator and dealing with stakeholders, we manage the process so you’re not left to navigate it alone. We also assist with all the forms and paperwork required by the liquidator. 
• Respectful, Confidential Support
  We understand that closing a business can be emotional. You’ll be treated with empathy and discretion every step of the way.
• Prompt Action When You Need It Most
  If you’re under immediate pressure from creditors or the ATO, we can act quickly to protect your position and reduce further risk.
• Ongoing Communication
  We keep you informed throughout the process no jargon, no surprises.

A Fresh Start Is Possible

If your business can’t keep trading, liquidation can provide a structured, fair way to bring matters to an end and move forward.

Reach out to our team today for a confidential discussion about your situation and the next steps. We’re here to help you through it.

• When a company enters Voluntary Administration, an independent insolvency practitioner called the Administrator is appointed to take control of the business. Their role is to quickly review the company’s financial position, investigate its affairs, and recommend the best path forward.
• During this period, the company is protected by a legal moratorium that suspends most creditor actions, giving breathing space to develop a plan for the future.
• At the end of the administration, creditors vote on whether to:
  • Accept a Deed of Company Arrangement (DOCA) an agreement outlining how the company will repay all or part of its debts over time while continuing to trade.
  • Return control to the directors.
  • Place the company into liquidation.
• Voluntary Administration can be an effective circuit-breaker, allowing viable businesses to restructure, preserve value, and avoid immediate closure.

Key Benefits of Voluntary Administration: 

• Breathing Space from Creditors
  Entering administration immediately halts most legal actions and enforcement by creditors, giving the company time to consider its options without constant pressure.
• Independent Assessment
  An experienced Administrator provides an objective view of the company’s financial position and the most realistic path forward.
• Opportunity to Restructure
  Administration can lead to a Deed of Company Arrangement, allowing the business to compromise debts and keep trading under an agreed repayment plan.
• Protection for Directors
  Timely action can help directors reduce the risk of personal liability for insolvent trading and demonstrate that they’ve acted responsibly.
• Clear Outcomes
  The process has set timeframes and defined steps, giving clarity and certainty to all involved.

Facing financial uncertainty is never easy, but you don’t have to face it alone. Here’s how we help:

• Objective, Practical Advice
  We’ll help you understand whether Voluntary Administration is appropriate for your situation or whether other solutions like Small Business Restructuring or liquidation may be better suited.
• Swift Appointment of an Administrator
  When time is critical, we can move quickly to protect the business and secure the best possible outcome for all parties.
• Clear Communication
  We guide you through the process step by step, explaining each decision point in straightforward language.
• Support Through Negotiations
  If a Deed of Company Arrangement is to be proposed, we can assist in formulating a plan that balances the interests of creditors with your goal of continuing the business.
• Respectful, Confidential Service
  We understand the pressures you’re facing. You’ll receive professional, discreet support without judgment.

Take Control of the Situation

Voluntary Administration can provide a structured way to pause creditor action, assess your options, and explore a path forward.

Contact our team today for a confidential discussion about whether Voluntary Administration is the right step for your business. We’re here to help you navigate every stage with clarity and confidence.

• A business sale involves transferring all or part of your company’s assets, goodwill, and operations to a new owner. This process requires careful preparation, accurate valuation, clear communication with staff and creditors, and robust negotiation to protect your interests.
• Handled properly, a business sale can preserve value, safeguard jobs, and provide a clean transition for everyone involved.

Key Benefits of a Sale of Business: 

• Maximises Value
  An organised sale process allows you to showcase your business to qualified buyers and secure a fair market price.
• Preserves Business Continuity
  A seamless handover can help maintain relationships with customers, suppliers, and employees, protecting the goodwill you’ve built.
• Reduces Stress and Uncertainty
  With professional guidance, you can navigate legal, financial, and operational complexities with confidence.
• Provides a Clear Exit Strategy
  A successful sale offers closure and clarity, whether you’re exiting voluntarily or as part of a turnaround or restructuring plan.
• Protects Your Reputation
  A structured, transparent process helps maintain trust with stakeholders and demonstrates you’ve acted responsibly.

Selling a business requires careful planning, clear strategy, and skilled negotiation. Here’s how we can help:

• Tailored Sale Strategy
  We take time to understand your goals whether you want a quick sale, maximum price, or a smooth transition and design a strategy to suit.
• Business Preparation and Valuation
  We help you prepare your business for sale, including detailed financial review, operational readiness, and realistic valuation advice.
• Targeted Marketing to Qualified Buyers
  Your business will be presented to a network of serious, pre-screened buyers who understand your industry and see the value in what you’ve built.
• Transparent Communication
  You’ll be kept informed at every step, with clear explanations and honest advice, no jargon, no surprises.
• Confidential and Respectful Service
  We understand the sensitivity of selling a business. Discretion and professionalism are guaranteed.

Make Your Next Move with Confidence

Selling your business doesn’t have to be overwhelming. With the right team beside you, you can move forward with clarity and peace of mind.

Contact us today to arrange a confidential discussion about how we can help you achieve a successful sale and the best possible outcome for your future.

• ATO Debt Negotiation is the process of engaging directly with the Australian Taxation Office to manage or reduce tax debts. This can include negotiating payment plans, requesting remission of penalties and interest, or, in some circumstances, compromising part of the debt.
• Handled correctly, negotiating with the ATO can ease immediate financial pressure, protect your business from enforcement action, and give you space to get back on track. 

Key Benefits of a ATO Negotiations: 

• Avoids Escalation
  Addressing tax debts early helps prevent garnishee notices, director penalty notices, and legal recovery action.
• Eases Cash Flow Pressure
  A structured payment plan can break large debts into manageable instalments, reducing strain on day-to-day operations.
• Potential Remission of Penalties and Interest
  In some cases, the ATO may agree to waive part of the penalties or interest charges that have accrued.
• Protects Business Relationships and Reputation
  Resolving tax debts professionally shows creditors and stakeholders that you are taking responsible steps to fix the issue.
• Peace of Mind
  Having a clear agreement in place removes uncertainty and lets you focus on running your business.

Navigating ATO negotiations can feel daunting but with our experienced team guiding you, you’ll have clarity and confidence every step of the way. Here’s how we help:

• Comprehensive Financial Review
  We’ll assess your financial position, cash flow, and obligations so we can present a realistic proposal the ATO is likely to accept.
• Tailored Negotiation Strategy
  Every business is different. We design a negotiation approach that suits your circumstances, whether you need more time, reduced payments, or a compromise on penalties.
• Direct Engagement with the ATO
  We manage all communication with the ATO on your behalf, reducing stress and ensuring your case is presented professionally.
• Protection Against Enforcement Action
  Where urgent action is needed, we can act quickly to prevent or pause recovery measures while negotiations are underway.
• Clear, Transparent Communication
  You’ll always know where things stand. We explain your options in plain English no jargon, no guesswork.
• Ongoing Support
  Once an agreement is reached, we help you stay compliant with your obligations so you don’t risk falling behind again.

Take Control of Your Tax Debts 

Tax debts don’t have to derail your business. With proactive negotiation and the right advice, you can regain control and create a pathway forward.

Contact our team today for a confidential discussion about your ATO debt and how we can help you resolve it with confidence.