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 […]
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 […]
Higher interest rates: The impact on personal guarantees
Interest rates for consumers, businesses and the government were already on the rise before last September’s disastrous mini-budget pushed them too close […]
How do pubs, bars and restaurants survive this tornado of business challenges?
Current market position These are deeply challenging times for anyone running a pub, bar or restaurant in the UK. The second half […]
What are your options if you cannot repay your Bounce Back Loan?
Concern is growing that after all the warnings about fraud and cash flow issues, the current economic crisis is suddenly starting to […]
What will the end of the Commercial Rents Act mean for business owners?
What was the Commercial Rents Act 2022? The Commercial Rents Act 2022 was brought in by Parliament in March this year with […]
What can unincorporated businesses do when struggling with debt?
The Bank of England’s latest interest rate hike to 1.25% in June might not take us anywhere near the terrifying heights of […]