How much does small business restructuring really cost?

Saving your business doesn't have to break the bank.

The Small Business Restructuring (SBR) scheme has enabled many Australian small businesses to successfully restructure their business obligations and keep their doors open for business. As the popularity of SBRs continues to rise, we are hearing more stories of directors who are being quoted excessively high fees to undertake the SBR process.

These stories typically result from directors being approached by pre-insolvency advisors, who charge their own 'advisory' fees on top of the amount their chosen restructuring practitioner charges to undertake the actual SBR process. This may lead to directors feeling that the SBR process is cost prohibitive.