Whatever the question, a payday loan is not the answer!

March 11, 2015

It’s getting towards the end of the month and there’s nothing left in the account. You still have some bills to pay and you don’t know how you’re going to meet them. Sound familiar? Then, as you’re watching TV, up pops an advert for a payday loan company. Hey presto, all you need to do is make a quick telephone call, or go online, and all your financial woes will be a thing of the past!

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Will more SMEs need corporate recovery advice?

October 16, 2014

With the economy continuing to show signs of recovery, more SMEs are feeling confident about their future. However, this doesn’t mean they are all completely stable, as recent research shows that a growing number are exhibiting financial difficulties. Read more

Unpacking pre-packs – the new rules

September 11, 2014

For both politicians and the media, pre-packaged sales of businesses out of administration (or “pre-packs”) are often highly controversial, particularly when the sales are back to the directors or management of the failed enterprise. There is a perception that pre-packs are often abused by unscrupulous directors to simply “dump debts” and start afresh free of troublesome liabilities, and all for far less than the true value of the business.

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More retailers are requiring corporate recovery advice

August 26, 2014

New research published by the accountancy practice Wilkins Kennedy shows that retail insolvencies were at their highest level in 2013 for five years. The figures highlight that despite the economic recovery, the number of retailers falling into financial difficulties continues to grow. For the year to the end of March 2014, 1,287 retailers became insolvent.

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Sales are great… but cash is what matters

August 1, 2014

Even if you have the world’s greatest products or services, and even if you have the world’s greatest business model, your business will never succeed or be profitable if it doesn’t get paid for what it sells.

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