PCI saves two small businesses and 45+ jobs – july 2021
Jul 01 2021
Saving Small Businesses And Jobs
Newsflash!
Make sure you read this if you have a client who has a good business but is struggling to continue with debts beyond their ability to ever payback!
A good news story…rare enough in the insolvency world normally – let alone during Covid!...lockdown # 5 for Victoria …and counting ...
PCI Partners has now successfully completed, not one but two** Small Business Restructures using the new legislation introduced by the government on 1 January 2021.
(** only very few of these have been done Australia-wide)
This new legislation was brought in to save small businesses and to save jobs and that is exactly what has happened in both of these cases.
In one case, 10 jobs were saved and the second case, more than 35 jobs were saved and both businesses are now in a position to have a second chance to succeed and grow.
So if you think your client is eligible – i.e. –
- Less than $1mill in debt
- Tax lodgements up to date (not necessarily paid)
- Employee entitlements paid up to date - including Superannuation.
Then we would be very happy to receive a call and be part of saving (hopefully) a business and valuable jobs.
Please call Steve Michell | 0448 345 344, Philip Newman | 0407 801 876, David Quin | 0438 844 828 or Chris Rowlands | 0419 341 536 - no charge or obligation, and we will be very happy to see where we might be able to help.