Restructuring

Our Services: For Businesses

Irrelevant the reason, we can support you with a corporate restructure

There is a range of reasons why business need to restructure their company. Corporate restructuring can be driven by a need for change in the organisational structure, business model or the need to make financial adjustments to its assets and liabilities. Or all of the above.

Common reasons to restructure

  • Change in management – a business partner might be added or want to exit. If taking one on, you might need to move from a sole trader to a partnership structure.
  • Change in ownership – If you buy an existing business, you may decide to change the business structure because you have different business goals to the previous owner.
  • Financial reasons to improve cash flow or profitability of the business.
  • Operational reasons such as reorganising internal structures such as sales and marketing, to improve the way your business operates.
  • Business growth – expanding overseas or product offering might drive a restructure to accommodate this growth.
  • Economic downturn or downsizing – e.g. moving from a company to sole trader.

Each business structure has different legal, tax and compliance obligations. Before changing we can help you understand some of the differences. We have built a network of trusted professionals that we use ourselves, across a range of industries and professional services, so contact us if you like a referral to our preferred legal advisors for legal advice on business structures.

Book an appointment in Brisbane

Talk to our friendly team today about all your accounting and business needs.

Our News For Business

Dom and Michael’s Business Chat

Dom and Michael’s Business Chat

Dom & Michael's Business ChatWith Dom and Michael in the same state for the first time in a while, they took the opportunity for a "little more chat and a little less business" for our final Nexis Business Chat for 2020. Enjoy the laughs, reflections and a few...

read more
ACT Government Vouchers – Are you eligible?

ACT Government Vouchers – Are you eligible?

After a similar announcement in NSW for $25 vouchers (and a similar scheme in Darwin); the ACT government has announced a stimulus package for local businesses. There will be an initial trial which will commence Wednesday 9 December 2020. This project gives...

read more
JobMaker – What you need to know

JobMaker – What you need to know

JobMaker - What you need to know Dec 8, 2020 | For Business, For IndividualsThe JobMaker program is designed to accelerate employment growth, with the Government providing $4 billion to encourage businesses to take on additional employees they may otherwise not have...

read more
Sign Up for Our E-NewsKeep up to date with Nexis News

Receive our monthly email newsletter with tax updates from the ATO, tax deadline reminders and our latest blog posts.