When creditor phone calls are mounting and cash flow has dried up, the writing is on the wall — your company is heading for insolvency. But what if there was a way you could salvage [...]
According to the Harvard Business Review, 70% of family businesses never make it to the second generation. By the third, 90% have closed their doors or been sold off. For UK family businesses, these aren’t [...]
When companies face financial difficulties, creditors might not just scrutinise the actions of official directors. They often dig deeper, examining anybody who may have been ‘pulling the strings’ behind the scenes. Therefore, if you’ve been [...]
What may start as a short-term favour to yourself — borrowing money from your own company to cover a cash flow gap — can rapidly transform into a financial nightmare. An overdrawn director's loan account [...]
Cash flow problems affect millions of UK businesses and individuals each year, creating significant stress and uncertainty that can often feel overwhelming. Whether you’re a business owner watching your unpaid invoices pile up or an [...]
Is your business struggling to stay afloat? Don’t worry, you’re not alone. Hundreds of thousands of UK business owners face serious financial challenges each year, particularly in today’s volatile economic climate. If you’re wondering “how [...]
The joined up nature of our global economy today means that the ripple effect of policy changes by major economic powers can be felt across the globe, from Wall Street to Walsall. As a [...]
Facing mounting debts can be overwhelming for any business owner. If your company is struggling with multiple loans, credit lines, or unpaid invoices, business debt consolidation could be a viable solution to regain financial stability [...]
When your business is thriving, it’s understandable to feel unstoppable. But beneath the surface, unseen risks can quietly erode your financial stability. Before you know it, cash flow can dry up, creditors come knocking, and [...]
When cash flow dries up, debts spiral out of control, and creditors start demanding payment, company directors are forced to make critical decisions under immense pressure. In times like this, the terms insolvency and restructuring [...]