The first objective of an insolvency practitioner will be to find potential ways to rescue your business, so that it can begin to trade profitably again. The actual steps which the insolvency practitioner will take will depend on the level of debt your company owes and the individual trading circumstances.
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Risk is a natural part of running a business, unfortunately in many cases this can lead to debt. It is often impossible to plan for a downturn in business, a recession or even a pandemic, sometimes debt is inevitable. For many businesses, borrowing cash can help boost income or fund
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With companies required to enable employees to work from home wherever possible, many are wondering what technology their remote workers will require. From setting up a workspace to creating secure file storage, there are many aspects to consider. To help you prepare for employees working from home quickly, we have
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If you are working remotely for the first time, you may be struggling to find ways to stay efficient and motivated. With thousands of people across the country working from home for the first time due to the outbreak of coronavirus, we take a look at some great tips to
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As a retail business one of the key factors you need to consider for your website is the type eCommerce platform used. The features offered by the various platforms vary widely, with some known for excellent marketing features and others offering great SEO tools. To help you find the ideal
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Although many of us think of hiring an accountant to help with financial tasks such as submitting tax returns, they can also help with many other areas of your business. An accountant can assist with everything from company formations and business plans to important loan applications. If hiring a business
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Setting a business budget is a great way to improve business planning, reduce wasteful spending and increase profits. When it comes to running a successful business every penny counts, and without a budget you could be missing important opportunities. A budget is the only way to manage your finances and
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No matter how rewarding your current role may be, there are many benefits to becoming self-employed. Whether you are looking to start a full-time business or a lucrative part time business, for many people the first step to entrepreneurship begins with starting a business from home. Although, to give yourself
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2020 is here, a new year, new decade and time to look ahead. Many of us are likely to set personal resolutions, although it is also a time for businesses to set their own resolutions for the year. Whatever your goals for the year, there are some resolutions that could
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With Brexit looming every business is facing a period of uncertainty, with many wondering what Brexit will mean to them. Whatever the outcome of Brexit, it is likely to have an impact on your business. The current Brexit situation Although the UK was originally planning to leave the European Union
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As 2019 comes to a close, now is the perfect time to reflect on the year and set your business goals for 2020. Although it is impossible to predict what 2020 will bring, you can start preparing now. Reflect on business activity during 2019 Although as a business it is
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The do-it-yourself approach has become very popular in recent years, primarily driven by internet-enabled access to resources and tools. Passing work to experts can be extremely expensive, after all — so why not save money by adding it to the internal workload? Your talented employees can be trained up where
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