What Are the Top 5 Reasons Businesses Fail?
To be successful in business, it’s prudent to understand not only the markers of success, but also the warning signs…
How Many Businesses Fail Due to Cash Flow Problems?
Doing business in the current economic climate can be challenging to say the least. Many business owners feel daunted by…
What’s the Difference Between Administration and Liquidation?
If your business is struggling financially, you may be looking for the best option to either save your company or…
Pros and Cons of a Debt Management Plan
With BBC headlines warning of a potential wave of business closures in 2023, you may fear for the financial viability…
How insolvency might help struggling hospitality businesses
More than three years after officially withdrawing from the EU, the UK continues to struggle with the challenges posed by…
What Are the Main Steps of a Turnaround Strategy?
Are you wondering how to create a business turnaround strategy? While the specific steps may vary depending on the circumstances…
Appointing an Administrator
Whether your company enters administration voluntarily or is ordered to by court, an administrator would be appointed to handle the…
Why Is It Important to Manage Cash Flow?
People go into business for a variety of reasons, but one thing that’s consistent across all business sectors is the…
Managing a Successful Business Turnaround
Most business owners are committed to managing a successful business, and revel in that success. Due to both internal and…