Secured Creditor Vs Unsecured Creditor: What’s The Difference?
When a company enters into formal insolvency proceedings, such as liquidation or administration, the creditors are placed into a hierarchy
What Happens If A CVA Is Rejected?
A Company Voluntary Arrangement (CVA) is a business rescue tool that can be used to help struggling companies manage their
Can’t Pay Bounce Back Loan? Here’s What To Do Next
The government introduced bounce back loans during the Coronavirus pandemic in order to support struggling businesses throughout such an unprecedented
5 Practical Ways To Improve Business Resilience
Building business resilience is crucial for ensuring that your company has the means and processes in place to survive hard
What Is A Zombie Company?
If you’ve heard the term “zombie company” used in economic environments, you may be wondering what it’s referring to. In
What Are The Effects Of High Interest Rates On Businesses?
Over the past year, the UK economy has seen interest rates soar to unprecedented levels. In October 2022, the rate
6 Essential Words Of Advice For Struggling Small Business Owners
The economic climate is challenging for any businesses at the moment, however small businesses especially are likely to be feeling
5 Future Business Challenges To Prepare For In 2023
There’s no denying that 2022 has been a challenging year for many businesses. The cost of living crisis coupled with
How To Handle Supply Chain Disruptions As A Business Owner
Supply chain disruption can wreak havoc for businesses, and unfortunately over the past few years, the UK has seen its
Struggling With Business Energy Bills? Here’s What To Do
If you’re finding it difficult to keep up with your business energy bills at the moment, you’re certainly not alone.