Working capital may be one of the most important terms in all of business. Understanding why working capital is important can be the difference between a successful business and being inundated with debts and liabilities. [...]
As the saying goes, cash is king. This is especially the case in times of crisis and uncertainty. The coronavirus pandemic and associated lockdowns are classic examples of this, and have provided companies in all [...]
In the world of business, every decision carries weight and every step can be a risk. These unforeseen challenges make understanding how to overcome financial loss your secret weapon in the pursuit of lasting success. [...]
Winding up a solvent company can be a tricky process with lots of moving parts. It doesn’t matter if your company is no longer needed or no longer viable; if you want to move on [...]
Are you looking to start, expand, or acquire a business and are likely to need funding to do it? If so, you will need to know the ins and outs, the fundamentals, and the importance [...]
A winding up petition is one of, if not the biggest red flags a business can receive. It represents the most severe action a creditor can take against a business. Unless dealt with quickly, a [...]
There are many reasons why a shareholder may want to liquidate a company. Perhaps they believe that the business does not serve a purpose anymore, or maybe they wish to retire or move abroad. Other [...]
Liquidation usually means the end of a business, its final journey before the shutters come down for good. But can a company liquidation be reversed? As with most things in business, the answer is not [...]
The liquidity of a business is extremely important, as it demonstrates the firm’s ability to meet its financial obligations and any unexpected costs. Put simply, the greater the amount of liquid assets, the better the [...]
Whether you are just setting up a company, or your firm is in financial stress, it is essential to understand if a business debt can affect personal credit. While personal finances are usually kept separate [...]