Self-employment and long-term illness – how to protect your business

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 [...]

Self-employment and long-term illness – how to protect your business 2019-01-18T13:37:31+00:00

How to work successfully with an accountant to ensure business stability

“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 [...]

How to work successfully with an accountant to ensure business stability 2018-12-05T11:50:15+00:00

Snow or sun, how can you protect your seasonal business against insolvency?

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 [...]

Snow or sun, how can you protect your seasonal business against insolvency? 2018-08-22T08:34:48+00:00

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