What Is Small Business Restructuring?
Small Business Restructuring is a formal insolvency process that leaves the directors running the company. This page explains what it does, who it was built for, and where it stops.
7 min read7 min read
How Small Business Restructuring works
The Corporations Act Part 5.3B statutory framework: eligibility criteria, director controls, creditor voting, and restructuring plan timelines.
Guides in this section
The Small Business Restructuring Process, Step by Step
SBR runs to a fixed sequence with statutory deadlines attached to most of it. This page walks through each step, what you do, and what the practitioner does.
8 min read8 min read
How Long Does Small Business Restructuring Take?
The formal part of an SBR is measured in weeks, not months. This page sets out each statutory period, and the parts of the timeline that no statute controls.
6 min read6 min read
Small Business Restructuring Eligibility Checklist
Eligibility for Small Business Restructuring is a set of specific conditions, not a judgement call. This page lets you check your position against each one before you speak to anyone.
6 min read6 min read
What Does Small Business Restructuring Cost?
Cost is usually the first question and rarely answered clearly. This page sets out how Small Business Restructuring is priced, what moves the number, and what happens to the money if the plan is rejected.
6 min read6 min read
SBR vs Liquidation: Key Differences Compared
These two processes are often mentioned in the same breath, but they do opposite things. One is designed to keep a company trading; the other is designed to end it.
6 min read6 min read
Your formal options
Compare your options
01
Small Business Restructuring
Directors remain in office and continue daily trade. Fixed-fee appointment. Creditors vote on plan within roughly 35 business days. Significant write-downs possible.
02
Voluntary Administration
Control passes to an external administrator. High statutory costs and public investigation. Best suited for complex mid-market entities with over $1M liabilities.
03
Liquidation
Immediate cessation of trade and orderly realisation of assets. Company dissolved. Directors face public reporting and potential recovery claims.