At Business Reset, we help small businesses under financial pressure, particularly those in building and construction businesses that are struggling with ATO debt or cash flow issues.
Many tradies and builders are still doing it tough after COVID. Costs are rising, payments are getting slower, and the ATO is getting aggressive to collect debts. When that happens, it can be hard to see a way forward — but there are options available.
If a business is still viable, we help directors reduce their ATO debt through a Small Business Restructure (SBR). This process can reduce tax debt by up to 70%, while allowing the company to keep trading and stay under the director’s control. Our director, Jarvis Archer, handles more small business restructures than any other liquidator with a success rate of over 96%.
If an SBR is not suitable, we look at alternatives available for the business to continue, or if it can’t continue, we help directors close the company with confidence through liquidation. Our approach is no surprises, fixed fees and relatively fast timeframes with a focus on clients feeling informed, clear and respected through the process.
We’ve worked with hundreds of businesses in the construction sector and understand the unique challenges tradies and builders face. That experience means we know about insolvency and licensing laws and what works.
The good news is that an SBR does not automatically cancel a building licence. But it’s important to manage things properly. QBCC licences are mostly fine, NSW and VIC can be tricky — so it’s best to get the right advice from a team that understands the construction industry.
We also work closely with accountants, bookkeepers, and business advisors to make the process as smooth as possible.
If your business is under pressure or struggling with ATO debt, getting early advice can make a big difference. You don’t need to go through it alone. All discussions are free and confidential, there’s only a cost if you decide to implement our solution.
To learn more, visit www.businessreset.com.au, email business@businessreset.com.au or send us a message. We’re here to help.
