Practical articles and commentary to help business owners think more clearly about recovery, cash flow and commercial risk.
Businesses continue to face significant financial challenges, necessitating tough decisions about their future. The latest insolvency statistics from The Insolvency Service provide a clear picture of these struggles, with monthly figures showing a drop in certain insolvency procedures, while annual trends highlight ongoing difficulties.
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.
The brewing industry has experienced significant growth and intense competition in recent years. Craft breweries have thrived, capturing consumers’ hearts and taste buds worldwide. However, with this growth, financial challenges have emerged, leading to an unfortunate rise in brewery insolvencies. As a brewery owner or investor, it is crucial to understand the complexities of insolvencies and seek expert guidance. In this blog, we’ll explore the reasons behind brewery insolvencies and why partnering with a financial advisor can be the key to securing your business’s financial future.
There are few things more frustrating for a business owner than discovering that a customer who owes you money has gone into liquidation. One minute you’re expecting payment. The next, you’re hearing: “We’ve gone bust.” “The company has closed.” “You’ll need to speak to the liquidator.” And suddenly, you’re left wondering whether you’ll ever see […]
