Business Restructuring & Recovery
When your business is under financial pressure, you need a clear plan and an experienced team to help you navigate the path forward. BVM provides structured support to stabilise, restructure, and recover.
Financial Pressure Can Escalate Quickly Without the Right Support
Many business owners wait too long before seeking help with financial difficulties. By the time they reach out, ATO debts have compounded, cash flow has deteriorated, and creditors are applying pressure from multiple directions.
Without a structured approach, business owners often make reactive decisions that worsen their position. They might ignore ATO correspondence, take on expensive short term debt, or continue trading without understanding their personal liability exposure.
The reality is that most businesses facing financial difficulty have viable options available to them. The key is acting early, understanding those options clearly, and executing a plan with professional guidance.
A Structured Approach to Stabilisation and Recovery
BVM takes a methodical approach to business restructuring. We start with a comprehensive assessment of your financial position, including all debts, assets, cash flow, and trading performance. This gives us a clear picture of where you stand and what options are realistically available.
From there, we develop a tailored strategy. This might involve negotiating payment plans with the ATO, applying for a Small Business Restructure (which can reduce debt by up to 75%), restructuring your business entities for asset protection, or implementing operational changes to improve cash flow.
We work directly with the ATO, creditors, and banks on your behalf, handling the communication and negotiation so you can focus on running your business. Our goal is always to find the most practical path to recovery while protecting your personal position.
What's Included
- ✓Comprehensive financial position assessment
- ✓ATO debt negotiation and payment plan applications
- ✓Small Business Restructure (SBR) applications
- ✓Cash flow stabilisation strategies
- ✓Entity restructuring for asset protection
- ✓Director penalty notice (DPN) risk assessment
- ✓Creditor negotiation and communication
- ✓Turnaround planning and implementation support
- ✓Ongoing monitoring during recovery period
Who Is This For?
This service is for business owners who are experiencing financial pressure, whether that is ATO debt, cash flow shortfalls, creditor demands, or a combination of challenges. It is particularly relevant for businesses that have received ATO correspondence about outstanding obligations, those considering whether to continue trading, and owners who want to understand their options before the situation deteriorates further. We work with businesses across all industries, typically with turnover between $500K and $10M.
Frequently Asked Questions
What is a Small Business Restructure and how does it work?+
A Small Business Restructure (SBR) is a formal process that allows eligible small businesses to propose a plan to creditors (including the ATO) to settle debts at a reduced amount. If accepted, the business can continue trading while paying the agreed reduced amount over time. BVM prepares the proposal, manages the process, and negotiates with creditors on your behalf. In some cases, debts can be reduced by up to 75%.
How do I know if my business is eligible for restructuring?+
Eligibility depends on several factors including your business structure, total liabilities, whether you are up to date with lodgments, and your ability to demonstrate future viability. During our initial assessment, we review all of these factors and advise you on which options are available for your specific situation.
What happens if I have received a Director Penalty Notice from the ATO?+
A Director Penalty Notice (DPN) makes you personally liable for certain company tax debts including PAYG withholding and superannuation guarantee charges. The type of DPN (lockdown or non lockdown) determines your options. We assess your exposure, advise on the best course of action, and help you respond within the required timeframes to protect your personal position.
Can I still trade while going through a restructure?+
In most cases, yes. Unlike formal insolvency processes such as liquidation, a Small Business Restructure is specifically designed to allow the business to continue operating. The business continues trading normally while the restructuring plan is being developed and implemented.
How long does the restructuring process take?+
The timeline varies depending on the complexity of your situation. A straightforward ATO payment plan can be negotiated within a few weeks. A Small Business Restructure typically takes 2 to 4 months from initial assessment to creditor acceptance. We provide a clear timeline during our initial consultation so you know what to expect.
Let's See If We're The Right Fit
We will take the time to understand your business, what support you need and whether BVM is the right partner moving forward.
Book A Discovery Call