US EditionSmall business restructuring has kept struggling companies afloat
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Small business restructuring has kept struggling companies afloat
A significant uptake in small business restructurings (SBRs) over the past few years has been a key factor in the survival of otherwise struggling small businesses, according to a new report. The Report 810 Review of Small Business Restructuring Process: 2022–24 published by Asic showed there were 3388 SBR appointments that commenced between July 1, 2022 and December 31, 2024, a significant increase from the 82 SBR appointments from January 1, 2…
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