Running a business could be compared to flying a plane. While take-off is famously tricky — 20% of startups fold after the first year alone — it represents the first of many complex manoeuvres needed [...]
In the world of business, there are times when financial difficulties become an insurmountable obstacle. After common arrangements such as administration have been attempted, your options will usually be whittled down to the more difficult [...]
In business, progress is rarely linear. The market and wider economy are constantly changing, working practices evolving, while technological innovations rest for no one. There will be times, including during insolvency, when some, or even [...]
Have you ever found yourself wondering, does TUPE apply in administration scenarios? Are you unsure about how the regulations might impact your responsibilities throughout the process? If these questions resonate in any way, you’re in [...]
Insolvency is an exceptionally challenging time for any business. The process is often filled with extreme uncertainty, difficult decisions, and a number of complex legal obligations. As company director, you’re expected to be knowledgeable on [...]
The concept of dividends acts as a crucial aspect of the working relationship between a company and its shareholders and directors. However, not all dividends are created equal, and business owners must be sure [...]
The decision to liquidate your limited company is often a weighty one arising from financial distress or a prolonged inability to sustain operations. For any UK-based businesses facing insolvency, liquidation can seem like the only [...]
The path to understanding the many implications of what happens to directors when a company goes into liquidation can be comparable to charting a course through unknown waters. For a director, liquidation can cast a [...]
Picture the scene, you’ve poured your heart and soul, as well as years of your life into creating and building a business from the ground up, only to be faced with the bleak reality of [...]
Maintaining financial health, corporate flexibility and adaptability is crucial if you want long-term success. One aspect that can have a high impact on a company’s bottom line, if left unchecked, is employee costs. We understand [...]