Business Problems

Business Problems

There are a number of issues that can arise, some of which unexpectedly, for instance losing a large contract where you had already committed cash, time and resource.

Other issues may be of a Cash Flow nature, ie your client payment terms may be too long and supplier terms may be less therefore squeezing the business' finances. The company may have overdue debts which may mean there is an issue with your internal credit control processes.

Business Rescue & Recovery can help when your business is possibly facing Liquidation, Administration or any other pressures whether that be from creditors or financing.

Either way, these tend to have a knock on effect into the following areas:

What Are My Options?

In the first instance Business Rescue & Recovery will assess your situation and help you understand the pressure points of the business. There is no one size fits all and therefore Business Rescue & Recovery will look at the most suitable option for you as the Director and your business.

Depending on the circumstances, some of the options include a voluntary liquidation, voluntary arrangement, payment plans, funding, financing, re-financing, restructuring or a potential sale of the business for an orderly exit. You may even be entitled to claim for a grant for any historic or ongoing Research & Development.

Please click on the link on the link below to find out more.