Overview Of What Is An Unlawful Dividend
Unlawful dividends occur when money is withdrawn from a limited company without adequate profits to support it. Shareholders who receive unlawful dividends may be required to repay the money if…
How does inflation impact businesses
Inflation is one of the most important macroeconomic variables because it directly influences the prices of goods and services in an economy. When prices are rising, businesses have to contend…
What does the cost of living crisis mean for your small business?
The escalating cost of living crisis has cast a shadow of uncertainty over our small business. As prices soar across essential commodities and services, our operational expenses have surged, squeezing…
What is a Good Debt Ratio & How Do I Calculate It?
Debt ratios serve as vital benchmarks for gauging the financial health of businesses. A healthy business strives to maintain a balanced debt ratio, which represents the proportion of debt relative…
How To Refinance Your Debt
Refinancing your debt can be a strategic lifeline for businesses navigating distress. When faced with financial challenges, such as declining revenue or mounting liabilities, opting for debt refinancing can provide…
Crackdown on directors who dissolve companies to evade debts
In a significant move towards safeguarding the interests of employees, creditors, and taxpayers, a potent tool has been introduced to hold rogue directors accountable. Directors who resort to dissolving their…
Restructuring your business for a recession
Restructuring your business for a recession can be a challenging time for businesses of all sizes. Economic downturns can lead to decreased sales, decreased consumer confidence, and increased financial instability.…
Are insolvency practitioners regulated
Yes, Insolvency Practitioners are authorised and regulating in Great Britain by The Secretary of State for Business, Innovation, and Skills who holds the primary responsibility for insolvency policy in Great…
Loss making business? Free help and advice
A loss-making business refers to a company or enterprise that is unable to generate profits over a specific period of time. Such businesses consistently spend more than they earn, leading…
Business turnaround vs restructuring: Crucial differences you need to know
They hold the pivotal role of revitalizing businesses, yet there exist significant differentiators between turnaround consultants and restructuring advisers. While both professionals are adept at navigating corporate challenges, their approaches…