If you’ve taken the leap to create a small business out of your passion or bring a great idea to life, you might wonder whether taking a business loan is a good decision. On the one hand, the cash injection could be the spark to make your company a success, allowing you to purchase vital…
Read MoreRunning a company on the brink of insolvency is a stressful and difficult task, to say the least. It requires walking a financial tightrope, carefully balancing a company’s income and outgoings. It is a task that can be made even more difficult if the attention of the company’s directors is split in too many directions.…
Read MoreBusinesses across the UK have been impacted by the COVID-19 pandemic for over a year and, as a result, many are struggling with cash flow problems. Some companies will find that they are now insolvent (i.e. they cannot pay their bills and/or their liabilities are greater than their assets) and the directors will want to…
Read MoreWhat are business rates? Business rates are one of many expenditures for businesses. They are charged to every business, large or small, which occupies or uses a non-domestic property for their work. Like council tax for residential properties, business rates are a legal requirement and must be paid to the relevant local council. The money…
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