Small Business Restructuring Canada

Is a Forbearance Agreement in your future?
What can trigger a Forbearance Agreement?
Understanding the conditions in a Forbearance Agreement

Bank wants you to sign a Forbearance Agreement? Learn Forbearance Conditions Your business has been struggling and now the bank wants you to sign a Forbearance Agreement. This legal tool, which lenders use when borrowers breach the terms of their loan covenant

Many owners react by hiding from their banks. Some may even start to view their account managers as adversaries who don’t understand the challenges of running a small business.

Hiding from the bank? Let the bank know you’re taking financial challenges seriously Banks can be a small business owner’s best ally, providing financing for big projects and helping to ease cash flow for day-to-day needs. But when the books are in the red

The dangers of not getting help with your business debt
Don’t wait—get professional help today and know your options

When’s the best time to call a Licensed Insolvency Trustee? Before it’s too late Revenues and accounts receivables are dwindling, and creditors keep pounding on the door. The challenges of running a company can feel overwhelming in the best of times

What you can do to minimize your personal liability?
It’s a good idea to talk to a professional with expertise in contracts or financing before you sign on the dotted line.

Are you personally liable for your business debts? The answer may surprise you | Farber Group | Small Business Restructuring Canada Incorporating a business offers several benefits, including lower taxes on company income and limited liability for the company’s founders and shareholders. The latter is one that’s often misunderstood by entrepreneurs.

What you can and should do when the taxman comes calling
What the CRA can and can’t do to your business

What the Canada Revenue Agency (CRA) can & can’t do to your business Is the taxman knocking at your door? There’s good reason to feel anxious when the Canada Revenue Agency (CRA) writes or calls about your company’s tax debt.

Could higher wages sink your business? Speak to a restructuring specialist

The low down on a higher minimum wage: What it means for small business Two dollars and forty cents may seem like small change. But for Ontario businesses, this amount could spell the difference between staying successful and struggling to stay afloat.

When Bringing in the Professionals Makes Clear Business Sense
Here’s why you shouldn’t – and can’t – do it all

Get the Professionals Help You With Your Financial Business Challenges Entrepreneurs are an independent lot who aren’t afraid to roll up their sleeves and do whatever it takes to make their company succeed. For those with young or small businesses, this often means doing most, or even all, of the critical tasks within their operation.

Act now and avoid additional costs and stress
Ignoring the problem will not make it go away

Restructure your business before it's too late, avoid additional costs & stress Building a business takes an enormous investment of time, money and passion. So when their venture gets into financial trouble, it can be hard for business owners to acknowledge the problem.

Could your business be at risk of failing in 2018?

When all the signs point to trouble: What you can do

Danger Ahead: 6 Signs of a Struggling Business | Business Bankruptcy From brand awareness to operational efficiency, so many factors can make or break a small business. It’s no surprise that thousands of companies fail each year.

Will the Sears liquidation dampen your retail sales this holiday?

Plan for the best but prepare for the worst outcome

The Impact of Sears Canada’s Liquidation on Small Business If your small business is struggling financially, it can be tough to keep up with the bills. Unfortunately, some struggling small businesses find themselves unable to pay their rent.

Reduce Stress in your Small Business & Deal with Financial Stress

How to Stop Worrying about your Small Business | Small Business Restructuring Running a small business is stressful and there’s always a lot to worry about. Here are some ways to reduce stress and stop worrying.

Protecting your Small Business from Legal Action

What Happens When a Small Business Owner Can’t Pay Their Rent? If you are a small business owner and you are unable to pay your rent, a Proposal to Creditors may be a good option for you.