Page 3 - Hitch Advisory News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tide goes out: Small businesses under pressure as insolvency threat mounts
Normal text size
Advertisement
After losing nearly half of her customers in the coronavirus lockdown in March last year, Sydney small business owner Shirley Sun was starting to think her only option would be to shut down for good.
Her Chatswood-based fitness studio, Leap Health and Wellbeing, had never been quieter, hurt further by its reliance on inner-city office workers. “I was potentially looking at putting my business into administration. It was really difficult and challenging,” she says.
Shirley Sun in her pilates studio.
Credit:Cole Bennetts
Thankfully, after eight months of wrangling with her landlord, Sun has finally renegotiated the terms of her lease and gained rent relief, meaning her business will live on. ....

Luis Enrique Ascui , Olivia Hitchens , Chris Lamont , Warren Buffett , James Stewart , Judy Oconnell , Shirley Sun , Rob Ellis , Scott Langdon , Alice Mccall , Anthony Defrancesco , Greg Smith , Suraj Nebhani , Investments Commission , Flight Centre , Knox City , Luis Enrique , Black Friday , Solomon Lew , Premier Investments , Damian Stone , Australian Securities , Hitch Advisory , Adrian Dark , Akshat Agrawal , Small Business Commissioner Judyo Connell ,