Help for businesses in financial distress

Free financial counselling services available to help small business owners who need information about managing debt or are in financial distress.

Financial challenges are often cited as the biggest cause of anxiety for small business owners. An Australian Government Department of Industry, Science, Energy and Resources report Small Business Owners and Mental Health 2020 found that:

“Financial issues are the main stressors for SBOs [Small Business Owners]. Some industries, such as wholesale trade and accommodation and food services are more prone to feeling financial stress. Financial stressors are also likely to be felt at different points in the business cycle, particularly at start-up and pre profit or when the business is established but stressed.”

Read More: https://www.smallbusiness.wa.gov.au/blog/help-businesses-financial-distress