Most business failures happen due to insufficient working capital, poor planning and inadequate financial control.  Businesses also fail due to lack of demand for their products and services, bad debts and excessive borrowings. It is therefore necessary to ensure that there are adequate processes and controls in place to alert management quickly of any impending problems.  Indeed if such systems do not exist, directors could be liable under various legislation including failing to keep proper books and records, trading while insolvent or paying certain suppliers in preference to others. We therefore advise our clients to seek professional help at the first signs of trouble. We have considerable hands on business experience and will be able to offer practical help.

Creditor Advice
Liquidation
Evaluating businesses
Risk management