Articles tagged with 'SME' | ASIC

ASIC news hub (SME)

2020
29
December
2020
| 13:05 Australia/Sydney
New insolvency reforms apply to incorporated small businesses with liabilities of less than $1 million. Reforms include new debt-restructuring and simplified liquidation processes. Government is creating a new ‘class’ of registered liquidator who...
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02
December
2020
| 14:40 Australia/Sydney
Identify the issues you need to consider if financial difficulties are affecting your small business. Three important questions all SME company directors should ask if the business is facing financial difficulty. This video outlines information f...
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02
December
2020
| 14:38 Australia/Sydney
The legal obligations imposed on a company director are complex and serious. A company director can be exposed to personal liability or may be found civilly liable, or even criminally convicted, for conduct relating to how they run a company or ho...
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02
December
2020
| 14:34 Australia/Sydney
If a small business owner starts to feel like running their company is becoming difficult, what should they do? ...
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24
November
2020
| 16:36 Australia/Sydney
Company and business name registrations increased slightly in the first nine months of 2020 compared to 2019. Guidance and support are available for companies and small business owners impacted by the COVID-19 pandemic. There has also been a chan...
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19
October
2020
| 09:00 Australia/Sydney
Take steps to minimise the adverse impact of the collapse or closure of other small businesses (small and medium enterprises (SMEs)). What to do if you are owed money – steps to debt recovery as a creditor. Seek advice from a trusted business adv...
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17
July
2020
| 13:07 Australia/Sydney
Fewer companies were registered with ASIC in the first six months of 2020 compared to the first six months of 2019. In the same period, the number of newly registered business names increased. Advice and support are available for companies and sm...
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22
June
2020
| 10:00 Australia/Sydney
As the director of a company trading a business, it’s your legal duty to monitor the financial position of your business to ensure it can pay its debts when they are due. Temporary relief measures introduced by the government in response to COVID-...
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22
June
2020
| 09:00 Australia/Sydney
If your company has been impacted financially by the COVID-19 pandemic, this article provides information on closing, winding-up or restructuring a company. Advice and support are available for small business owners. Mental health resources – whe...
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02
June
2020
| 09:00 Australia/Sydney
How to protect your small business. Small business and financial distress. Trading while insolvent. ...
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