Lessons from Mann Gulch: Navigating Business Turnarounds
Mann Gulch – business turnarounds
SBRP – Small Business Restructuring Practitioner
The Australian Government has announced the reforms introducing a new debt restructuring and simplified liquidation process for small businesses. These reforms are aimed at providing small businesses with the assistance to survive, or where a restructure is not possible, to maximise returns to creditors and employees by reducing the complexity, time and costs involved in liquidating a company.