Business Review - Sales and Marketing - Operational Auditing
We deal with the appropriate restructuring of businesses for owners, looking at ways to restructuring, we are able to deal with client briefs, and cover all aspects of your business from marketing to gross profits and staff costs, we will outline various recommendations that will produce enhanced revenues and profits, we understand the benefit of social media and look at ways to improve your presence with proven results to drive customer awareness, after all this we can assist in showing you how easy is it to keep an eye on your gross profits with modern software that is web based visibility platform, including real time labour costing, rota planning and holiday management.
We understand the pressures all the above can cause and work closely with you until your goals are met.
Obtaining funding for business can often prove difficult. Frustration of not being able to convince a bank to support either short term funding to assist with trading or new ventures is often the norm.
We can put you in touch with the right lender, we have partnered up with with many different types of lenders who specialise in different types of lending, the likes of Invoice Financing, Asset Finance, Refinancing of Assets, Commercial Loans & Mortgages, Bridging loan.
Our role is to guide you and to assist with the search for the right funding for your business.
Informal Debt Arrangement
Many business are unaware that most creditors will accept an informal debt restructuring proposal.
We can assist in producing a business plan and cash flow forecast to assist you in hopefully securing an informal arrangement plan for any creditor including HMRC, this sometimes can have substantive benefit to your business with cash flow and profits, without the need to appoint an formal process and engage with an insolvency practitioner which can be have severe consequences if not planned out correctly.
Insolvency is the state of being unable to pay the money owed, by a person or company, on time; those in a state of insolvency are said to be insolvent. There are two forms: cash-flow insolvency and balance-sheet insolvency.
There is many different options for any person, partnerships or companies that have become insolvent. Directors owe a duty to the company and if insolvency threatens, to creditors (other companies, HMRC or persons) that are owed money. companies that trade while insolvent can be unlawful in certain circumstances.
Directors can become personally liable for a company's debts if they have acted improperly.
Insolvent trading is the process of continuing the day-to-day operations of a business when it is no longer able to pay its debts.
Broadly speaking, a business becomes insolvent when:
It can no longer afford to pay its debts when they become due;
Its assets no longer cover its liabilities.
If your business is struggling and cannot pay its debts you have various options below...