In business, nothing ever stays the same, whether it be changing customer priorities, the competitive market, or operational difficulties. In most cases, you need to transform to re-energise your business. Restructuring a business is a standard method of...
Turnaround and Restructuring
The top turnaround strategies for a small business
Every SME aims to perform at their best. Optimising your operations should ideally bring growth and profit while enabling you to satisfy customers and meet demand. However, you might not be getting the results you want. This can include declining profits, production...
How do R&D Tax Credits boost cash for loss-making SMEs?
UK Research and Development (R&D) Tax Credits and Tax Reliefs apply equally to profitable and loss-making companies. This is sometimes misunderstood with people thinking that a company needs to be profitable to benefit. How much cash can be claimed by loss-making...
Are you personally liable for your business’s debt?
For a business owner, your company's ongoing success and survival may seem like your number one priority. It's easy for your private life to become intertwined with your professional one – and this includes your finances. When you and your business are closely weaved,...
Turnaround Finance
Many businesses go through periods of uncertainty, whether it be issues with management, money, quality or anything else. During the struggle, you will likely see unfavourable effects on your enterprise, such as falling revenue, losses, low customer...
Guidance Note – Moratorium
A new Act, The Corporate Insolvency and Governance Act 2020 (“CIGA”) came into force on 26 June 2020 together with the introduction of a freestanding Company Moratorium to the UK corporate insolvency regime. What is a Company Moratorium? It is a stand-alone...
A Five Step Guide for a struggling business
When you launch or enter into a business, you naturally want it to succeed. However, there are a multitude of obstacles and challenges you may need to overcome and, if you don’t, you may find your enterprise struggling. A massive 60% of businesses fail within their...