Director Personal Guarantees – good, or bad for business?

What is a Personal Guarantee? Lenders, suppliers and landlords may ask a business owner or Director for a Personal Guarantee before agreeing to lend to the business, rent or lease premises to the business, or supply goods [...]

Director Personal Guarantees – good, or bad for business? 2018-05-09T11:22:16+00:00

Five vitally important things to review in your finance regime

We all know that keeping good financial records is key to business success. Bookkeeping, profit & loss forecasting and cash-flow analysis are all fundamental aspects of running a business that are taught on so many Start-Up courses, [...]

Five vitally important things to review in your finance regime 2018-05-09T11:12:54+00:00

My company has received a Winding Up Petition, what happens now?

If your Limited Company has been struggling to pay its debts, you owe more than £750 and you have been unable to negotiate with creditors, you may not be surprised to be in receipt of a Winding [...]

My company has received a Winding Up Petition, what happens now? 2018-05-09T11:15:26+00:00

Is my business insolvent? What are my responsibilities if it is?

If you’re the Director of a Limited Company that is struggling to meet its liabilities when they fall due, you have a duty of care and a responsibility to consider whether you need to stop trading.  It [...]

Is my business insolvent? What are my responsibilities if it is? 2018-05-09T12:24:12+00:00

It happens – Business Interruption, are you prepared?

As business owners, we understand the importance of planning – after all “failing to plan is planning to fail”! The very basic plans that small businesses and their owners usually have in place are a business plan [...]

It happens – Business Interruption, are you prepared? 2018-05-09T12:19:28+00:00

It happens – Dealing with the death of a Director or Key Person

As sad as it is, there is one certainty in life and business; we will all die. In an ideal world, each of us would live a long and healthy life during which we complete all our [...]

It happens – Dealing with the death of a Director or Key Person 2018-05-09T12:16:57+00:00

Helping your Cash-flow: Know your rights to charge for Late Payments

Cash-flow problems are a common cause of business distress, and very often poor cashflow is caused by late payments from customers and clients. Knowing your rights as a business to recover your costs against late payment of [...]

Helping your Cash-flow: Know your rights to charge for Late Payments 2018-05-09T12:14:51+00:00