Archive for May 2024
Navigating Insolvency: Lessons from Cazoo and Ted Baker’s Downfall and How to Avoid Their Fate
Cazoo (an online car dealer retailer) and Ted Baker (a retail fashion house) entered into insolvency in recent months, thanks to the mothball and ripple effect causing a heel and toe in this area.
An opinion by Ron Mookerjee.
Read MoreResolving Business Debt Issues Without Legal Action
It can be frustrating and stressful when a business defaults and delays payments to smaller business owners like us. However, there are steps we can take to address these issues without resorting to legal action. This blog outlines practical strategies for small business owners to effectively manage and resolve debt disputes.
Read MoreFrom Recession to Recovery: Managing the Cashflow Ripple in Your Business
Technically, we should be out of a recession based on figures published this month. However, with the Bank of England currently holding the base at its current level, the ripple effect paints a painful picture.
Read MoreUnderstanding Creditors’ Rights: Part One
This week, we’ll dive into the complexities of creditors’ rights and the challenges directors face in meeting their obligations. Today, we will explore creditors’ rights and whether they should be part of the final demand process.
Read MoreEmpower Your Business: 7 Essential Steps to Overcoming Obstacles and Achieving Success
Are you struggling with your business? Do you feel like you’re constantly fighting against the current, trying to keep your head above water? I’ve been there, and I get it. But trust me, there’s a way out. It’s all about finding your inner strength and the right strategies to keep moving forward, even when things seem bleak.
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