Practical Business Advice

we help solve business problems

Practical Business Advice

we help solve business problems

Practical Business Advice

we help solve business problems

LEGAL
ADVICE

TAX DEBT
ADVICE

Sometimes you don’t know what you don’t know. And sometimes it’s hard to know where to turn. Lots of people might give you advice, but where do you get the advice you really need?

Business owners face challenges like these every day. Everyday we – thesolvers.com.au – find the solutions.

You can get the advice you need now. We offer a free, no obligation consultation.

TheSolver.com.au offer one-on-one consulting and advice

Business owners face challenges like these every day. Everyday we – thesolvers.com.au – find the solutions.
You can get the advice you need now. We offer a free, no obligation consultation.

Why Choose Us?

  • Because all our solvers have the practical business experience needed to understand your challenges.
  • Respect, client-focus and problem solving are what you get when you talk to a Solver.
  • Because solutions we provide match the needs of the business and your budget.
Hospitality is a niche with specialist advisory needs

Why Choose Us?

  • Because all our solvers have the practical business experience needed to understand your challenges.
  • Respect, client-focus and problem solving are what you get when you engage a Solver.
  • The solutions we provide match the needs of the business and your budget.

Why Choose Us?

  • Because all our solvers have the practical business experience needed to understand your challenges.
  • Respect, client-focus and problem solving are what you get when you engage a Solver.
  • Because the solutions we provide match the needs of the business and your budget.
Ginette Muller portrait photo
Ginette Muller, Business Crisis Advisor & Accountant
Ginette Muller portrait photo
Ginette Muller, Business Crisis Advisor & Accountant

“All our members are experts in their field, so whatever challenge you’re facing, thesolvers.com.au have experienced business advisors to help you deal with it.”

Who Are The Solvers?

Thesolvers.com.au are a panel of specialist business advisors:  lawyers, accountants, employment specialists, business transformation experts and directors advocates, all with specialist business skills.

Who Do We Help?

Thesolvers.com.au provide specialist business accounting services for small to medium size business (SME) owners throughout Australia. We also help people.

Retailing businesses have specialist advisory needs TheSolver.com.au provides
Retailing businesses have specialist advisory needs TheSolver.com.au provides
Amjad Samakeh portrait photo
Amjad Samakeh, Lawyer specialsing in transactions, deal & disputes

“Your initial phone consultation is free and without obligation. By the end of the call you’ll know if we can help you, and how.”

Cheryl Stainsby portrait photo
Cheryl Stainsby, Crisis Management & Recovery Specialist
Cheryl Stainsby portrait photo
Cheryl Stainsby, Crisis Management & Recovery Specialist

“Your initial phone consultation is free and without obligation. By the end of the call you’ll know if we can help you, and how.”

“Your initial phone consultation is free and without obligation. By the end of the call you’ll know if we can help you, and how.”

Business Problems Solved

How We Help You

Legal Advice

When business or investment disputes arise it is hard to know where to start. Do you need a lawyer? What sort of lawyer should you use? Given the cost of legal fees, it’s worth taking some time to stop and consider all your options.

Find out about our Business Legal Advice.

Tax Debt Advice

What can you do about a Director’s Penalty Notice, unpaid SGT, PAYG or Super? How can you negotiate with the ATO, or fund tax debt? Talk to us.

Find out about our Business Tax Advice.

Asset Protection

How can you protect your family, your home and yourself, and get reliable legal documents and advice? Don’t worry, we have solutions.

Find out about our Asset Protection Advice.

If you’re not sure which service you need, call us.

Cash Flow Finance

Need to refinance? Things getting out of hand? Being held back by current arrangements? You have options; get help now with your free initial no obligation consultation.

Find our more about our Cash Flow Finance

Business Transformation

Things are ‘fine’ but could be better. You might know already what could be ‘better’, however it often helps to get the extra push from an outside perspective, from a qualified advisor.

Find our more about our Business Transformation Advice.

Employing Staff

People can be a best asset. Sometimes things can go wrong and threaten everything you’ve built. Think ahead and take action. What do you need to consider?

Find our more about Employing Staff.

Advice for Small to Medium Business

How We Help You

Legal Advice

When business or investment disputes arise it is hard to know where to start. Do you need a lawyer? What sort of lawyer should you use? Given the cost of legal fees, it’s worth taking some time to stop and consider all your options.

Find out about our Business Legal Advice.

Tax Debt Advice

What can you do about a Director’s Penalty Notice, unpaid SGT, PAYG or Super? How can you negotiate with the ATO, or fund tax debt? Talk to us.

Find out about our Business Tax Advice.

Asset Protection

How can you protect your family, your home and yourself, and get reliable legal documents and advice? Don’t worry, we have solutions.

Find out about our Asset Protection Advice.

Cash Flow Finance

Need to refinance? Things getting out of hand? Being held back by current arrangements? There are options.

Find our more about our Cash Flow Finance

If you’re not sure which service you need, call us.

Business Transformation

​Things are ‘fine’ but could be better. You might know already what could be ‘better’, however it often helps to get the extra push from an outside perspective, from a qualified advisor.

Find our more about our Business Transformation Advice.

Employing Staff

People can be a best asset. Sometimes things can go wrong and threaten everything you’ve built. Think ahead and take action. What do you need to consider?

Find our more about Employing Staff.

James Flaherty
James Flaherty, Business Consultant & Accountant

“Running a business involves risk. Quite often that risk is high. It should not be taken without sufficient, substantial and ongoing reward.”

Your Questions Answered

Every situation is different – depending on what you are selling and who ultimately funds, and therefore owns, the underlying assets of the business venture. With a new business it is, on balance, probably best to start with a company and transition to a trust if your affairs get more complex in the future. This is very general – your specific circumstances may dictate a different answer so contact us for more particular advice.

Your name will appear permanently on a public register called the National Personal Insolvency Index. Other information that on the register usually includes your date of birth, residential address and occupation.
In addition, credit reporting agencies keep a record of your bankruptcy for 5 years from the date you became bankrupt or 2 years from when your bankruptcy ends, whichever is later.

A list of the credit reference agencies can be found on the www.moneysmart.gov.au website.

It’s a form of protection for consumers and business owners buying a large asset or extending credit. A search can be initiated at ppsr.gov.au  against the asset to find out if another entity or person, for example a lender has claim over it. This video about PPSR explains the process.

Who the security on an asset (a vehicle or a boat for example) belongs to, what the security is and when the security was acquired. This video about PPSR explains the process.

If you supply goods on credit, PPSR registration retains your interest in goods you are supplying. This means that should a customer go into liquidation before paying your invoice you are in the best position to get your goods, or their value, back. This video about PPSR explains the process.

A Priority Creditor is one that has a security on the item that’s  registered with the PPSR. It allows the creditor to sell the property to satisfy their debt.

Section 556 of the Corporations Act lists the order in which a liquidator must pay out money. Priority (or ​Secured) Creditors and employees have priority over unsecured creditors.

Secured Creditors are not impacted by Preference Claims. Tighten up your terms and conditions and register on the PPSR before you give credit or accept payment on terms. But beware – it’s vital your PPSR registration is absolutely accurate and correct. You must invest time in it, or alternatively engage a specialist. An incorrect registration is useless if defeated by the liquidator, because your entire investment is very likely to be lost.

  1. Follow a standard debt collection agreed with the customer.
  2. Keep written communication to a minimum.
  3. Enter instalment arrangements early.
  4. Don’t accept round figure payments from debtors – have specific invoice amounts paid.

But overall, don’t hesitate to pursue overdue debts.

Six months for regular creditors. For related parties it can be up to 10 years.

There are a number of options. Do it yourself : go to your ATO portal and follow the prompts. Ask your Accountant: if you have a tax agent registered on your account with the ATO, they can apply for you; or contact one of our Solvers and we can assist you with a proposal including negotiations with the ATO.

Always get a loan document drawn up so that both lender and borrower know and agree the terms. Security for the loan should also be considered. A little bit of thought before the money is advanced could save a lot of pain and suffering later. Speak to one of our legal advisors.

Cost currently ranges between $2 and $7 depending on how the search is lodged. Here’s where you can find the full list of PPSR fees.

Unfortunately, it’s an unforgiving process, so you must take the time to get it right –  near enough is usually not good enough. In these circumstances it’s often worthwhile getting professional help.

The Personal Property Securities Register is a national ‘noticeboard’ where you can find out whether goods (for example furniture or a vehicle) have a security claim such as a loan over them. You can also register your own claim over an item you’re owed money for. The register’s aim is to protect consumers from having goods they’ve paid for repossessed. Open ended registrations (i.e. with no time limit) will cost $115.

It’s a payment (or payments) made by an insolvent company to an unsecured creditor thereby causing disadvantage to the remaining unpaid creditors.

A voidable transaction is industry jargon for a number of recovery tools available to a liquidator under Part 5.7B of the Corporations Act. These tools are variations on a theme – they all aim to deal with payments made to creditors by an insolvent company that disadvantage other creditors. Recovery actions include: unfair preferences, uncommercial transactions, unfair loans and unreasonable director related transactions.

Consult a lawyer who specialises in the laws of insolvency who can develop a strategy for you. Make sure you agree a fixed fee for their time. You can then make informed decisions.

Take advice early – you will then know whether you should stand and fight, or fold.

Your name will appear permanently on a public register called the National Personal Insolvency Index. Other information that on the register usually includes your date of birth, residential address and occupation.
In addition, credit reporting agencies keep a record of your bankruptcy for 5 years from the date you became bankrupt or 2 years from when your bankruptcy ends, whichever is later.

A list of the credit reference agencies can be found on the www.moneysmart.gov.au website.

Every situation is different – depending on what you are selling and who ultimately funds, and therefore owns, the underlying assets of the business venture. With a new business it is, on balance, probably best to start with a company and transition to a trust if your affairs get more complex in the future. This is very general – your specific circumstances may dictate a different answer so contact us for more particular advice.

Liquidation is the process of winding up a company’s business: selling its assets, investigating its affairs, recovering any legal claims, and distributing the funds received to creditors, and if there are funds left over after costs, to shareholders.

A liquidator is registered with the Australian Securities & Investments Commission (ASIC) and they will be appointed to the company to carry out the liquidation process.

Always get a loan document drawn up so that both lender and borrower know and agree the terms. Security for the loan should also be considered. A little bit of thought before the money is advanced could save a lot of pain and suffering later. Speak to one of our legal advisors.

Your name will appear permanently on a public register called the National Personal Insolvency Index. Other information that on the register usually includes your date of birth, residential address and occupation.
In addition, credit reporting agencies keep a record of your bankruptcy for 5 years from the date you became bankrupt or 2 years from when your bankruptcy ends, whichever is later.

A list of the credit reference agencies can be found on the www.moneysmart.gov.au website.

There are a number of options. Do it yourself : go to your ATO portal and follow the prompts. Ask your Accountant: if you have a tax agent registered on your account with the ATO, they can apply for you; or contact one of our Solvers and we can assist you with a proposal including negotiations with the ATO.

It’s a form of protection for consumers and business owners buying a large asset or extending credit. A search can be initiated at ppsr.gov.au  against the asset to find out if another entity or person, for example a lender has claim over it. This video about PPSR explains the process.

Cost currently ranges between $2 and $7 depending on how the search is lodged. Here’s where you can find the full list of PPSR fees.

Who the security on an asset (a vehicle or a boat for example) belongs to, what the security is and when the security was acquired.

If you supply goods on credit, PPSR registration retains your interest in goods you are supplying. This means that should a customer go into liquidation before paying your invoice you are in the best position to get your goods, or their value, back.

Unfortunately, it’s an unforgiving process, so you must take the time to get it right –  near enough is usually not good enough. In these circumstances it’s often worthwhile getting professional help.

The Personal Property Securities Register is a national ‘noticeboard’ where you can find out whether goods (for example furniture or a vehicle) have a security claim such as a loan over them. You can also register your own claim over an item you’re owed money for. The register’s aim is to protect consumers from having goods they’ve paid for repossessed. Open ended registrations (i.e. with no time limit) will cost $115.

It’s a payment (or payments) made by an insolvent company to an unsecured creditor thereby causing disadvantage to the remaining unpaid creditors.

A Priority Creditor is one that has a security on the item that’s  registered with the PPSR. It allows the creditor to sell the property to satisfy their debt.

Section 556 of the Corporations Act lists the order in which a liquidator must pay out money. Priority (or ​Secured) Creditors and employees have priority over unsecured creditors.

A voidable transaction is industry jargon for a number of recovery tools available to a liquidator under Part 5.7B of the Corporations Act. These tools are variations on a theme – they all aim to deal with payments made to creditors by an insolvent company that disadvantage other creditors. Recovery actions include: unfair preferences, uncommercial transactions, unfair loans and unreasonable director related transactions.

Consult a lawyer who specialises in the laws of insolvency who can develop a strategy for you. Make sure you agree a fixed fee for their time. You can then make informed decisions.

Secured Creditors are not impacted by Preference Claims. Tighten up your terms and conditions and register on the PPSR before you give credit or accept payment on terms. But beware – it’s vital your PPSR registration is absolutely accurate and correct. You must invest time in it, or alternatively engage a specialist. An incorrect registration is useless if defeated by the liquidator, because your entire investment is very likely to be lost.

  1. Follow a standard debt collection agreed with the customer.
  2. Keep written communication to a minimum.
  3. Enter instalment arrangements early.
  4. Don’t accept round figure payments from debtors – have specific invoice amounts paid.

But overall, don’t hesitate to pursue overdue debts.

Take advice early – you will then know whether you should stand and fight, or fold.

Six months for regular creditors. For related parties it can be up to 10 years.

Bruce Pasetti portrait photo
Bruce Pasetti, Lawyer

“We know that trust is essential to any client-advisor relationship. Our goal is not only to satisfy your expectations, but to deliver beyond them.”

Bruce Pasetti portrait photo
Bruce Pasetti, Lawyer

“We know that trust is essential to any client-advisor relationship. Our goal is not only to satisfy your expectations, but to deliver beyond them.”

Ginette Muller portrait photo

Ginette Muller

Ginette is a Business Crisis Advisor and Accountant specialising in Safe Harbour, refinancing, litigation funding, restructure and business crisis advice. Find out more or  Email Ginette.

Amjad Samakeh portrait photo

Amjad Samakeh

Amjad is a lawyer with extensive experience in family business matters, commercial disputes, mergers and acquisitions, succession and partnership matters, Find out more or Email Amjad.

 

James Flaherty

James Flaherty

James is a business consultant and accountant. He specialises in sales and marketing for the business and finance sectors. Find out more or Email James.

Bruce Pasetti portrait photo

Bruce Pasetti

Bruce Pasetti is the ‘go-to’ for actions for Windup (or to defend companies and directors against similar actions). Bruce is a Solicitor with over 20 years legal and specialist Insolvency experience. Find our more or Email Bruce.

TheSolvers.com.au Site Icon

Success!

We’ve received your contact form and we’ll be in touch soon. If you’d prefer to talk to us right away, call us.

Adam Parkinson portrait photo

Adam Parkinson

Adam is a Barrister, Solicitor and Business Turnaround Expert. Having run his own enterprises he has hands-on business experience.  Find out more or Email Adam.

Cheryl Stainsby

Cheryl is a Director’s Advocate specialising in Crisis Management; Business Health Checks, Asset Protection and Exit Strategy  Find out more or Email Cheryl.

Niall Coburn

Niall Coburn

Niall is a Litigator, Prosecutor and Corporate Investigator. Find out more or Email Niall.

Stuart Craig

Stuart is a Business Transformation Specialist and Accountant, specialising in business turnaround and restructure, business management and Business ownership transfer. Find out more or Email Stuart.

Travis Dix

Travis Dix

Travis is a specialist advisor for debt management, asset protection, business credit and insurance. Find our more or Email Tavis.