Both liquidation and dissolution are ways to close down a business. However, it is a common misconception that they are one and the same thing and in reality that could not be further from the [...]
One of the hardest parts of a business entering into liquidation is always the loss of employment for the workforce. In most cases, these people who have worked hard for months with the uncertainty of [...]
The company liquidation process is comparable to navigating a long and winding road in the dark — there are potential dead ends and stumbling blocks around every corner. That is, unless you have an [...]
As a business owner, having to make workers redundant is a prospect you never want to deal with. The reality is, however, that sometimes it is a necessary decision you will have to make. Redundancy [...]
Company directors bear a lot of responsibility towards shareholders in the event of a liquidation. In fact, the needs of shareholders are just one of the many things a business owner will need to consider [...]
It is a sad reality that the financial pressures of modern living and modern business can mean that your economic circumstances can easily take a turn for the worse. What was once a manageable level [...]
Supply chain diversity is just one example of modern supply chain planning and is becoming ever more important for private companies, nonprofits and government agencies. Despite its level of significance, some firms still make the [...]
If your company becomes insolvent and cannot carry on, it is essential that you are fully aware of all your responsibilities - especially those towards your staff. While nobody wants their business to fail, if [...]
Whatever industry you are in, bringing your products to market is always going to cost money. These expenses come from all areas of the manufacturing process, from design and development to tools and staffing. A [...]
If your business is to be as healthy and prosperous as it possibly can, it is essential that it is bringing in more money than is going out. While this may seem obvious, the fact [...]