Why approval rates hinge on your SBR specialist’s approach
Over the past six months, the average Small Business Restructure approval rate has dropped to 65%. The ATO’s blamed for getting tougher, confidence in SBRs has dropped… but during this time, Business Reset achieved a 100% approval rate.
So is it the ATO or is it something else?
Our numbers show that having an SBR approved isn’t chance. SBR success comes down to the right approach, preparation, and how SBRs are positioned with the ATO and other creditors.
As SBR popularity increased, so did over-promising. It’s easy to sell the dream of saving 80% of your tax debt. Many directors are being promised the outcome, in return for handing over up to $25,000… only to find their proposal rejected or their SBR terminated due to ineligibility.
You only get one shot as an SBR, and then it’s essentially gone for good.
In this webinar, we’re leaving the theory out and walking through real cases – both good and bad - to show what we do differently to consistently get plans accepted. Good SBR clients don’t just show up, it’s the work that goes in, before paying a dollar or starting an SBR, that achieves success.
This session is practical, direct, and focused on helping advisers and directors understand what actually works and how to identify a professional who cares about success, and one will probably take the money and run.
What We’ll Cover
Why average SBR approval rates have fallen to 65%, and the stats behind this
An independent new tool to help directors choose a quality SBR Specialist
The bad: Two detailed case studies showing the traps desperate directors can experience , losing money and killing their company’s chance at survival
The good: Two detailed case studies showing how near business collapse, poor ATO compliance, and trading losses can be overcome to achieve SBR success.
What You’ll Learn
You’ll leave with a clear framework to:
Identify early whether an SBR is realistic or risky, and how to position it for success
Help clients determine if success is realistic or if they’re being sold a dream that could become a nightmare
Protect directors from burning their one chance at an SBR
Who This Webinar Is For
Accountants and bookkeepers advising clients with tax debt
Business advisors involved in turnaround or insolvency decisions
Company directors facing increasing ATO pressure and unmanageable tax debt
