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 to work with them. Credit searching new clients is not a common [...]
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 business, especially if it’s going to be an ongoing, long-term illness. In [...]
“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 firms that are worth their weight in gold. If you think that [...]
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, increased staffing, more stock needed and ways to outshine the competition. Most [...]
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 support business owners with planning and prevention to avoid any threat of [...]
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 to soak up the sun and the additional revenue. For example, pubs [...]
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 they try to keep up with a volatile property market and changes [...]
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 [...]
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, [...]
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 be a challenge; and poor cash flow can quickly lead to financial [...]
