Anytime that a company moves into the liquidation process, it means that they don’t have the funds to pay their debts and liabilities. There are likely many different creditors that…
Maintaining a positive cashflow is crucial for business success. Achieving this entails ensuring that your cash inflows surpass your outflows. To rebalance the cashflow equation, focus on spend management. This…
In the annals of corporate history, there are tales that serve as stark reminders of what happens when decision-making goes very wrong. Whether due to overconfidence, indecision, short-sightedness, or isolation,…
Deciding whether to lend money can be quite challenging, particularly when the request comes from a friend or family member. While our inclination may be to assist those we care…
Owning a business is filled with many decisions. Some decisions are going to be bigger than others. Every decision you make can have an impact on the success that you’re…
As a director of any company, you more than likely have a lot of responsibility. It is normal in the beginning not fully understand what your duties are. What is…
In the labyrinth of owning and running a business, navigating through the murky waters of poor cash flow and accumulating debt can seem like an impossible challenge. It is a…
If you are in a position that you might want to enter the retail sector, the clear path for you might seem to be a franchise. However, before you jump…
In the complex realm of personal finance, finding a pathway out of debt can seem daunting. For individuals grappling with financial burdens, a Debt Repayment Order (DRO) is a beacon…
The last thing that any company wants to experience is insolvency. However, when this is the case, most companies will start the liquidation process. While this is a last resort…
