According to the Office of National Statistics, 8.3 million people in the UK are unable to pay off bills or debts and total credit card

After all the stress of getting through serious debt problems, the last thing any business owner wants is that feeling of just about scraping along. 

All businesses experience busy periods and quiet periods which are either expected or unexpected.  Some businesses are naturally seasonal, and others are very vulnerable to

Anyone who has ever owed money will know that feeling you get in your stomach every time you think about it.  That horrible sick feeling

Unless you are a business that provides consumer credit, you may not feel the need to assess your potential clients’ financial situation before you begin

If you’re a director of a company and your team and customers heavily depend on you, becoming ill can be a huge hurdle for your

“Accountants are expensive!” is a phrase we hear often from Sole Traders and Small Business Owners. However, in our experience there are plenty of accountancy

The lead up to Christmas is an extremely busy time for retailers, particularly independent businesses. There’s a lot to think about – longer opening hours,

Our job here at R2B Business Solutions isn’t just to step in and save companies from insolvency after things have turned sour, but also to

It’s been the hottest summer on record and this has affected the UK economy in several different ways. For some businesses, it’s been a pleasure

It’s a challenging time for the traditional high-street estate agency, and we are unfortunately seeing more calls for help from agencies facing financial distress as

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

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

A high percentage of businesses fail, and a common reason for failure is financial mismanagement, which causes insolvency. Keeping on top of cash flow can

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,

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

As business owners, we understand the importance of planning – after all “failing to plan is planning to fail”! The very basic plans that small

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

If your business has become insolvent and the decision has been made to close, then there are certain obligations that you should be aware of.

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