No-one goes into business expecting failure. The Australian Bureau of Statistics reports that more than 60 percent of small businesses cease operating within the first three years of starting. If you're planning a business, you should definitely consider an exit strategy for you should that business fail. Interestingly, the biggest reason for failure is a lack of capital to support the venture. Many people go into business under-capitalised and they just run out of money. That's where we can help. We help to identify scenarios and protect your assets before it is too late. We do not subscribe to illegal company phoenix activity which involves the intentional transfer of assets from an indebted company to a new company to avoid paying creditors, tax or employee entitlements. In this scenario, the directors leave the debts with the old company, often placing that company into administration or liquidation, leaving no assets to pay creditors. Our strategy is to legally structure the company's assets to ensure that if some failure occurs for a variety of reasons, the core assets of the business are protected. We work with our legal team to ensure that the right structure exists prior to a business failure. For a FREE, no obligation discussion, why not CALL US on 1300 001 073.