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Cash Flow Solutions for your Business
Posted on September 26, 2014
It can be extremely stressful to be a business owner and to find yourself in a situation where your business is running low on cash. Business is not always booming, but that does not mean that you can relax and not worry about it, especially when you have financial obligations. When you find yourself facing […]
How to liquidate a company
Posted on September 12, 2014
There are a multitude of reasons why you would want to liquidate your company or would need to, so knowing the right steps to follow in advance can help make the process of liquidation smooth and painless. This guide deals with how to liquidate a company if you are choosing to do a voluntary liquidation, […]
Bankruptcy since 2002: The Rise of Pre Pack Administration
Posted on September 3, 2014
The Enterprise Act 2002 and the needs of Insolvent Companies Although bankruptcy is a term often applied to companies, technically only private individuals (and partnerships) can become bankrupt. Businesses become insolvent, and there are two ways out of insolvency for a corporate entity: liquidation, and administration. Owing to the provisions of the Enterprise Act 2002, […]
Closing a limited company
Posted on August 19, 2014
Starting a new business can be exciting, but it can also be very frightening. The first year of business will generally make or break a business and a company owner needs to decide if they can carry on with their business or if they need to consider closing a limited company. One of the first […]
How to grow your business & avoid cash flow problems
Posted on August 11, 2014
Maintaining smooth cash flow in any small business requires juggling nearly every aspect of the enterprise, from staying on top of accounts receivable, to extending the lines of credit and delicately managing the inventory. Cash flow problems can arise seemingly from out of nowhere. Therefore successful cash flow management is the fine balance of regulating […]
What to do if you’ve become insolvent
Posted on July 24, 2014
If insolvency threatens, the most important thing to do is not to panic. Take a long, hard look at your overall business, and see if it’s possible for business recovery, or if you need to examine how to liquidate a company. You can become insolvent if you have insufficient cash available to service debts which […]
Made in Telford? Surviving the Economic Storm
Posted on July 15, 2014
Telford is the hub of Midlands Trade and Industry, with a significant number of foreign investors and well established British firms making their name there for manufacturing quality goods or for ICT support related industries. The factories on the three main industrial estates employ tens of thousands of workers and provide the main source of […]
What are the Steps to Closing a Limited Company? What about Business Rescue?
Posted on July 9, 2014
Many businesses face financial hardship when they first start out and it is important that a company owner determines how they can proceed, whether it means closing a limited company or continuing to carry on business. Determining if you need to close your limited company will depend on whether the company can pay its bills […]
Finding a Way out of an Insolvency Crisis
Posted on June 26, 2014
No matter how you may look at it, insolvency is a messy ordeal. The moment when a business venture enters the phase when it isn’t capable of paying its own debts marks the start of a nightmare scenario. It doesn’t matter whether the business is a partnership, a single trader or even a company; the […]
Unlocking cash from assets
Posted on May 30, 2014
Every business is bound to go through a rough patch at one time or the other but it is important to get help before things get out of hand. Business rescue comes in many forms to provide solutions for the different problems that plague a firm whether big or small. Business Recovery Services has specialists […]
