Late payments: how this phenomenon is affecting UK businesses
Government efforts to curb late payments This year marks the twenty fifth anniversary of the Late Payments & Commercial Debt (Interest) Act, […]
Directors: When is your company considered to be insolvent?
Directors: When is your company considered to be insolvent? Corporate insolvencies are on the rise across all sectors throughout the UK. But […]
Identifying the early signs of insolvency
With UK insolvencies on the rise, many businesses are struggling to navigate the challenges of the current economic climate. High inflation has […]
As hospitality insolvencies soar, business owners need to take advice early
Figures from the Insolvency Service confirmed that hospitality sector insolvencies jumped by 46% in August, in a grim reminder of the many […]
Taking decisive action to save your business
As the turbulent economy has taken its toll on UK businesses, owner managers have found themselves facing evermore challenging decisions. On the […]
Don’t delay if your business is in distress
As the year progresses, it appears that 2023 will be the worst year for business failures since 2009, the height of the […]
Nurturing staff loyalty in a difficult labour market
Amidst their many other issues, businesses can be bedevilled by staff recruitment and retention issues to the point where some have had […]
Becoming an even better business leader in turbulent times
Business life is always full of unexpected challenges, never more so than now. Whether it’s pandemic lockdowns or runaway cost inflation; climate […]
Why your cash flow forecasts are so vital in unpredictable times
Having a tight handle on cash when your trading environment becomes unpredictable isn’t just common sense, it’s fundamental. Having the information available […]
The psychology of business debt
“AN ENTREPRENEUR IN DEBT IS AN ENTREPRENEUR IN BUSINESS” – DUNCAN BANNATYNE There is so much advice for individuals who are struggling […]
The business decline curve – how delay destroys rescue options
Spotting the warning signs early and taking decisive action when a business is getting into trouble is a principle preached endlessly by […]
Don’t just CVL your business, rescue it with an Administration
The Insolvency Service statistics for different types of insolvency procedure tell a stark story of the relentless move towards Creditors Voluntary Liquidations […]