StaRUG – Crisis Prevention for SMEs: Act Early Before It’s Too Late

For small and medium-sized enterprises (SMEs), a financial crisis can quickly become an existential threat. However, with the StaRUG (Stabilization and Restructuring Framework for Companies), the legislator has provided a legal framework since early 2021 to take early measures and prevent insolvencies.

Why is StaRUG Important for SMEs?

Traditionally, many SMEs only act when their financial situation has drastically deteriorated. StaRUG introduces a new approach by enabling preventive restructuring measures. Companies do not have to wait until the last minute – they can act at the first signs of a crisis.

What Does StaRUG Require from SMEs?

StaRUG obliges management to implement an early warning system to identify and address risks threatening the company’s existence in a timely manner. This means:

• Risk Management: SMEs must ensure structured monitoring of liquidity and earnings.
• Transparency: Sound and forward-looking financial planning enables early identification of risks.
• Duty to Act: If over-indebtedness or insolvency is imminent, management is obliged to initiate restructuring measures and involve the restructuring court.

Liability and Risks

An important aspect of StaRUG is the liability of management. If they fail to act in a timely manner, severe penalties may be imposed. To ensure SMEs are well-prepared, they should rely on careful financial management – which is precisely where our service at Hey Unkelbach FS comes in.

How We Support SMEs with StaRUG Compliance

At Hey Unkelbach FS, we not only offer classic accounting but also actively support you in optimizing your earnings and liquidity situation. Our team helps you implement risk management systems that meet StaRUG requirements and make your company crisis-proof.

Our service includes:

• Implementation of tailored risk management
• Regular monitoring of your financial key figures
• Early detection and prevention of crises
• Support in preparing restructuring plans

Make your company future-proof – with Hey Unkelbach FS and the right tools for StaRUG. Contact us for comprehensive advice and tailored solutions!